£182,877
This estimated value is based upon the latest sale price for the house of £104,000 on 26 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £104,000 | 26 May 2006 |
| £98,500 | 19 May 2004 |
| £69,950 | 14 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £104,000 results in an estimated price of approximately £182,877.
| 26 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £104,000 | £78,877 | £182,877 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 77.851 % | £80,965 | £184,965 |
| 3 Month Average | 46.363 % | £48,217 | £152,217 |
| 6 Month Average | 29.774 % | £30,964 | £134,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £191,614 | £189,950 | 17 BRISTOL DRIVE |
| 26 Apr 2024 | £90,788 | £90,000 | 10 BINGLEY CLOSE |
| 8 Dec 2023 | £138,764 | £134,500 | 15 BRISTOL DRIVE |
| 27 Oct 2023 | £301,856 | £295,000 | 8 TREE TOP MEWS |
| 8 Jun 2023 | £112,249 | £110,000 | 26 TREE TOP MEWS |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Jun 2020. Using an estimated price of £182,878 means this house is valued at £3,325 per sq meter (£308 per sq foot).
The average size of a house on TREE TOP MEWS is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Bridlington Close | |
| Jun 2024 | Anti-social behaviour | On or near Bridlington Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bingley Close |
| May 2024 | Anti-social behaviour | On or near Bingley Close | |
| May 2024 | Anti-social behaviour | On or near Bingley Close |