£138,952
This estimated value is based upon the latest sale price for the house of £132,500 on 9 Feb 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 |
|---|---|
| £132,500 | 9 Feb 2022 |
| £117,500 | 30 Oct 2009 |
| £60,000 | 4 Apr 2003 |
| £52,000 | 7 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £132,500 results in an estimated price of approximately £138,952.
| 9 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £132,500 | £6,452 | £138,952 |
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 | -0.016 % | £-20 | £132,479 |
| 3 Month Average | 21.911 % | £29,032 | £161,532 |
| 6 Month Average | 17.864 % | £23,669 | £156,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £198,945 | £196,000 | 19 POPPLEWELL GARDENS |
| 7 Jul 2023 | £112,514 | £111,000 | 28 DOVEDALE GARDENS |
| 31 Mar 2023 | £348,281 | £345,000 | 16 LYNDHURST GROVE |
| 26 Sep 2022 | £261,637 | £263,750 | 28 POPPLEWELL GARDENS |
| 9 Feb 2022 | £138,952 | £132,500 | 112 BEACON LOUGH ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Nov 2013. Using an estimated price of £138,952 means this house is valued at £1,561 per sq meter (£145 per sq foot).
The average size of a house on BEACON LOUGH ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lorton Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherrytree Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherrytree Gardens |