£704,667
This estimated value is based upon the latest sale price for the house of £566,450 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £566,450 | 28 Sep 2018 |
| £450,000 | 9 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 243 sq meters or 2,615 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £566,450 results in an estimated price of approximately £704,667.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £566,450 | £138,217 | £704,667 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -44.872 % | £-254,174 | £312,275 |
| 3 Month Average | 23.015 % | £130,371 | £696,821 |
| 6 Month Average | 22.134 % | £125,376 | £691,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,229,789 | £1,192,000 | 4 BEVERLEY PARK |
| 3 Nov 2023 | £702,841 | £685,000 | 22A BEVERLEY ROAD |
| 22 Aug 2023 | £427,714 | £420,000 | 15 VERNON DRIVE |
| 7 Aug 2023 | £300,418 | £295,000 | 26 BYGATE COURT CHAPEL LANE |
| 22 Jun 2023 | £168,374 | £165,000 | 21 BYGATE COURT CHAPEL LANE |
This house has a floor area of 243 sq meters or 2,615 sq feet when measured on 23 Jan 2018. Using an estimated price of £704,667 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on BEVERLEY ROAD is 127 sq meters (1,376 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beverley Park |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Gardens |
| Jul 2024 | Burglary | Under investigation | On or near Victoria Place |