£59,333
This estimated value is based upon the latest sale price for the house of £44,100 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£44,100 | 10 Jun 2016 |
£65,000 | 21 Dec 2015 |
£52,000 | 24 Oct 2012 |
£52,000 | 24 Oct 2012 |
£22,000 | 7 Mar 1997 |
Flats/Maisonettes |
Freehold |
Floor Area: 56 sq meters or 602 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 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £44,100 results in an estimated price of approximately £59,333.
10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £44,100 | £15,233 | £59,333 |
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 | -7.192 % | £-3,171 | £40,928 |
3 Month Average | 25.506 % | £11,248 | £55,348 |
6 Month Average | 35.434 % | £15,626 | £59,726 |
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 56 sq meters or 602 sq feet when measured on 17 Aug 2013. Using an estimated price of £59,334 means this house is valued at £1,059 per sq meter (£98 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 |