£164,871
This estimated value is based upon the latest sale price for the house of £94,950 on 15 Dec 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 |
|---|---|
| £94,950 | 15 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 938 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 December 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £94,950 results in an estimated price of approximately £164,871.
| 15 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £94,950 | £69,921 | £164,871 |
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 | 86.985 % | £82,592 | £177,542 |
| 3 Month Average | 52.778 % | £50,112 | £145,062 |
| 6 Month Average | 30.531 % | £28,989 | £123,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £135,583 | £133,500 | 221 BELLSHILL CLOSE |
| 15 Dec 2023 | £145,470 | £141,000 | 17 BEWICK PARK |
| 30 Nov 2023 | £159,037 | £155,000 | 20 BEWICK PARK |
| 30 Jun 2023 | £147,960 | £144,995 | 26 BEWICK PARK |
| 28 Feb 2023 | £130,824 | £129,950 | 115 BELLSHILL CLOSE |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 14 Oct 2011. Using an estimated price of £164,872 means this house is valued at £1,890 per sq meter (£175 per sq foot).
The average size of a house on BELLSHILL CLOSE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Bellshill Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bellshill Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bellshill Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bellshill Close |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Bellshill Close |