£498,650
This estimated value is based upon the latest sale price for the house of £294,000 on 13 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£294,000 | 13 Jun 2012 |
£339,950 | 22 Jun 2007 |
£300,000 | 12 Apr 2006 |
£165,000 | 28 Jun 2002 |
£99,000 | 16 Jan 1998 |
Terraced |
Freehold |
Floor Area: 153 sq meters or 1,656 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 June 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £294,000 results in an estimated price of approximately £498,650.
13 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £294,000 | £204,650 | £498,650 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 31.088 % | £91,397 | £385,397 |
3 Month Average | 52.411 % | £154,087 | £448,087 |
6 Month Average | 50.603 % | £148,772 | £442,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £391,856 | £385,000 | 47 VENTNOR GARDENS |
14 Jul 2023 | £374,997 | £369,950 | 12 BOURNEMOUTH GARDENS |
26 Jun 2023 | £250,029 | £247,000 | 58 CLIFTONVILLE GARDENS |
21 Apr 2023 | £404,354 | £400,000 | 12 BRIGHTON GROVE |
5 Apr 2023 | £480,170 | £475,000 | 15 BRIGHTON GROVE |
This house has a floor area of 153 sq meters or 1,656 sq feet when measured on 13 May 2009. Using an estimated price of £498,651 means this house is valued at £3,240 per sq meter (£301 per sq foot).
The average size of a house on BOURNEMOUTH GARDENS is 114 sq meters (1,236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bournemouth Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ashfield Grove |
Apr 2024 | Other theft | Under investigation | On or near Claremont Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Claremont Gardens |
Mar 2024 | Burglary | Under investigation | On or near Claremont Gardens |