£222,233
This estimated value is based upon the latest sale price for the house of £130,500 on 4 Sep 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 |
|---|---|
| £130,500 | 4 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 920 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 September 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £130,500 results in an estimated price of approximately £222,233.
| 4 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £130,500 | £91,733 | £222,233 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 16.906 % | £22,061 | £152,561 |
| 3 Month Average | 35.606 % | £46,466 | £176,966 |
| 6 Month Average | 40.154 % | £52,400 | £182,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £322,271 | £317,500 | 53 HAWKEYS LANE |
| 17 Apr 2023 | £313,374 | £310,000 | 50 FERN AVENUE |
| 21 Mar 2023 | £239,759 | £237,500 | 32 FERN AVENUE |
| 1 Feb 2023 | £166,888 | £167,000 | 24 BRIGHTON GROVE |
| 30 Sep 2022 | £84,319 | £85,000 | 23A LANSDOWNE TERRACE WEST |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 6 Aug 2009. Using an estimated price of £222,233 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on BRIGHTON GROVE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Lansdowne Terrace West |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Terrace West |
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane |