£309,438
This estimated value is based upon the latest sale price for the house of £165,000 on 14 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Bridgewater Close
More crime details
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Price Paid | Date |
---|---|
£165,000 | 14 Mar 2005 |
Semi-Detached |
Leasehold |
Floor Area: 63 sq meters or 678 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 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £165,000 results in an estimated price of approximately £309,438.
14 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.538 % | £165,000 | £144,438 | £309,438 |
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 | 78.493 % | £129,513 | £294,513 |
3 Month Average | 64.265 % | £106,036 | £271,036 |
6 Month Average | 42.121 % | £69,498 | £234,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £126,950 | £125,000 | 5 BAILDON CLOSE |
1 Sep 2023 | £182,012 | £178,000 | 16 BRACKEN AVENUE |
30 Nov 2022 | £164,232 | £165,000 | 9 BRACKEN AVENUE |
1 Sep 2022 | £164,890 | £165,000 | 35 BROADSTONE WAY |
11 Aug 2022 | £115,179 | £114,640 | 27 BELSAY CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Jun 2015. Using an estimated price of £309,438 means this house is valued at £4,911 per sq meter (£456 per sq foot).
The average size of a house on BRIDGEWATER CLOSE is 90 sq meters (977 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bridgewater Close |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnwood Close |
Jun 2024 | Public order | Under investigation | On or near Barnwood Close |