£173,902
This estimated value is based upon the latest sale price for the house of £33,000 on 25 Apr 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 |
---|---|
£33,000 | 25 Apr 1997 |
Flats/Maisonettes |
Freehold |
Floor Area: 82 sq meters or 882 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 April 1997 the House Price Index for TYNE AND WEAR was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £33,000 results in an estimated price of approximately £173,902.
25 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £33,000 | £140,902 | £173,902 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 161.988 % | £53,456 | £86,456 |
3 Month Average | 196.427 % | £64,820 | £97,820 |
6 Month Average | 238.925 % | £78,845 | £111,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £86,500 | £86,500 | 1 FERNLOUGH |
12 Dec 2023 | £77,378 | £75,000 | 22 LINGCREST |
13 Oct 2023 | £160,649 | £157,000 | 5 PENRITH GARDENS |
29 Sep 2023 | £117,592 | £115,000 | 8 DUDDON PLACE |
15 Aug 2023 | £76,378 | £75,000 | 25 CRANESVILLE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 May 2014. Using an estimated price of £173,902 means this house is valued at £2,120 per sq meter (£197 per sq foot).
The average size of a house on BRAMBLELAW is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jul 2024 | Public order | Awaiting court outcome | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sports/Recreation Area |
Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area |