£133,623
This estimated value is based upon the latest sale price for the house of £128,000 on 18 Mar 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 |
|---|---|
| £128,000 | 18 Mar 2022 |
| £30,000 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £128,000 results in an estimated price of approximately £133,623.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £128,000 | £5,623 | £133,623 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 83.400 % | £106,751 | £234,751 |
| 3 Month Average | 18.058 % | £23,114 | £151,114 |
| 6 Month Average | -0.440 % | £-563 | £127,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £97,850 | £97,000 | 246 STATION ROAD |
| 19 Dec 2023 | £131,026 | £127,000 | 176 STATION ROAD |
| 15 Dec 2023 | £79,647 | £77,200 | 146 WOODBINE AVENUE |
| 1 Nov 2023 | £95,422 | £93,000 | 121 NORTH ROAD |
| 8 Sep 2023 | £134,209 | £131,250 | 206 STATION ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 12 Aug 2021. Using an estimated price of £133,623 means this house is valued at £1,214 per sq meter (£112 per sq foot).
The average size of a house on BEECH GROVE is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Beech Grove | |
| Jul 2024 | Anti-social behaviour | On or near Beech Grove | |
| Apr 2024 | Anti-social behaviour | On or near Beech Grove | |
| Apr 2024 | Anti-social behaviour | On or near Beech Grove | |
| Apr 2024 | Anti-social behaviour | On or near Beech Grove |