£309,002
This estimated value is based upon the latest sale price for the house of £288,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £288,000 | 25 Jun 2021 |
| £152,000 | 30 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £288,000 results in an estimated price of approximately £309,002.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £288,000 | £21,002 | £309,002 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -35.430 % | £-102,038 | £185,961 |
| 3 Month Average | -20.339 % | £-58,576 | £229,423 |
| 6 Month Average | -24.486 % | £-70,518 | £217,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £314,658 | £310,000 | 19 MOSS CRESCENT |
| 28 Jul 2023 | £278,752 | £275,000 | 24 CLOVERHILL DRIVE |
| 15 Mar 2023 | £247,330 | £245,000 | 3 MOSS CRESCENT |
| 25 Nov 2022 | £461,164 | £466,750 | 2 LAUREL WAY |
| 15 Jul 2022 | £250,675 | £250,000 | 17 MOSS CRESCENT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 22 Jun 2017. Using an estimated price of £309,002 means this house is valued at £5,722 per sq meter (£531 per sq foot).
The average size of a house on BRACKEN WAY is 114 sq meters (1,235 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Weatherby Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Weatherby Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Weatherby Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Weatherby Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Meadow Lane |