£113,758
This estimated value is based upon the latest sale price for the house of £21,450 on 28 Feb 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£21,450 | 28 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 1997 the House Price Index for TYNE AND WEAR was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £21,450 results in an estimated price of approximately £113,758.
28 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 149.7 | 430.342 % | £21,450 | £92,308 | £113,758 |
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 | 128.280 % | £27,516 | £48,966 |
3 Month Average | 253.612 % | £54,399 | £75,849 |
6 Month Average | 252.126 % | £54,080 | £75,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £136,000 | £136,000 | 15 BROOMLEA |
20 Dec 2023 | £87,695 | £85,000 | 164 BROOKLAND TERRACE |
10 Nov 2023 | £133,386 | £130,000 | 5 BROOMLEA |
27 Oct 2023 | £117,673 | £115,000 | 18 MAFEKING PLACE |
6 Oct 2023 | £76,743 | £75,000 | 176 BROOKLAND TERRACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 Nov 2013. Using an estimated price of £113,758 means this house is valued at £2,187 per sq meter (£203 per sq foot).
The average size of a house on BROOKLAND TERRACE is 64 sq meters (693 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New York Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near New York Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near New York Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near New York Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near New York Road |