£170,855
This estimated value is based upon the latest sale price for the house of £99,500 on 10 Feb 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £99,500 | 10 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 827 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 February 2011 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £99,500 results in an estimated price of approximately £170,855.
| 10 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £99,500 | £71,355 | £170,855 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -7.017 % | £-6,982 | £92,517 |
| 3 Month Average | 26.527 % | £26,394 | £125,894 |
| 6 Month Average | 26.331 % | £26,199 | £125,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £98,865 | £98,000 | 9 BLACKLOCK CLOSE |
| 10 Jul 2023 | £152,046 | £150,000 | 6 CONISTON GARDENS |
| 27 Feb 2023 | £133,920 | £134,010 | 4 BEACON RISE |
| 20 Feb 2023 | £169,886 | £170,000 | 32 CONISTON GARDENS |
| 15 Feb 2023 | £82,944 | £83,000 | 19 BLACKLOCK CLOSE |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 7 Apr 2009. Using an estimated price of £170,856 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on BEACON RISE is 112 sq meters (1,212 sq feet).
This house is the largest in the street with a floor area of 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Blacklock Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blacklock Court |
| Mar 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Mar 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Feb 2024 | Anti-social behaviour | On or near Blacklock Court |