£171,898
This estimated value is based upon the latest sale price for the house of £176,000 on 19 Oct 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £176,000 | 19 Oct 2022 |
| £145,000 | 18 Oct 2019 |
| £137,000 | 29 Dec 2009 |
| £119,500 | 16 May 2005 |
| £72,000 | 16 Oct 2000 |
| £54,500 | 30 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in October 2022 the House Price Index for TYNE AND WEAR was 150.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.Applying this -2.330% change to the original purchase price of £176,000 results in an estimated price of approximately £171,898.
| 19 Oct 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 146.7 | -2.330 % | £176,000 | £-4,101 | £171,898 |
The Postcode Pricing Model uses changes in average sales price within the NE1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 11.369 % | £20,009 | £196,009 |
| 3 Month Average | 136.480 % | £240,204 | £416,204 |
| 6 Month Average | 25.757 % | £45,332 | £221,332 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 May 2019.
The average size of a house on AKENSIDE HILL is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |