£206,709
This estimated value is based upon the latest sale price for the house of £168,500 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£168,500 | 19 Dec 2019 |
£158,000 | 24 Jun 2015 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 911 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £168,500 results in an estimated price of approximately £206,709.
19 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £168,500 | £38,209 | £206,709 |
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 | 33.275 % | £56,068 | £224,568 |
3 Month Average | 14.305 % | £24,104 | £192,604 |
6 Month Average | 24.376 % | £41,074 | £209,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £322,271 | £317,500 | 53 HAWKEYS LANE |
3 Nov 2023 | £136,014 | £134,000 | 12 LANSDOWNE TERRACE |
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 |
This house has a floor area of 84 sq meters or 911 sq feet when measured on 10 Feb 2012. Using an estimated price of £206,710 means this house is valued at £2,440 per sq meter (£226 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 | Violence and sexual offences | Under investigation | On or near Hawkey'S Lane |
Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawkey'S Lane |