£312,265
This estimated value is based upon the latest sale price for the house of £55,000 on 16 Feb 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Beweshill Crescent
More crime details
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Price Paid | Date |
---|---|
£55,000 | 16 Feb 1996 |
Semi-Detached |
Leasehold |
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 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £55,000 results in an estimated price of approximately £312,265.
16 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £55,000 | £257,265 | £312,265 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 257.991 % | £141,894 | £196,894 |
3 Month Average | 361.528 % | £198,840 | £253,840 |
6 Month Average | 326.639 % | £179,651 | £234,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £242,450 | £235,000 | 1 THE FLIGHT |
17 Nov 2023 | £177,506 | £173,000 | 9 RIDING LEA |
17 Aug 2023 | £162,939 | £160,000 | 11 NEWBANK WALK |
28 Apr 2023 | £170,183 | £167,000 | 25 BEWESHILL CRESCENT |
31 Oct 2022 | £164,451 | £165,000 | 1 NEWBANK WALK |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Beweshill Crescent |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beweshill Crescent |
Jun 2024 | Anti-social behaviour | On or near Riding Lea | |
Jun 2024 | Anti-social behaviour | On or near Riding Lea | |
Jul 2024 | Anti-social behaviour | On or near Mosspool |