£305,734
This estimated value is based upon the latest sale price for the house of £249,950 on 22 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£249,950 | 22 May 2020 |
£175,000 | 23 Jun 2014 |
£161,000 | 9 Dec 2011 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 894 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 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £249,950 results in an estimated price of approximately £305,734.
22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £249,950 | £55,784 | £305,734 |
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 | 17.317 % | £43,282 | £293,232 |
3 Month Average | 22.726 % | £56,802 | £306,752 |
6 Month Average | 18.605 % | £46,502 | £296,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £351,199 | £346,000 | 40 BELLE VUE BANK |
9 Nov 2023 | £284,208 | £280,000 | 36 BELLE VUE BANK |
7 Jul 2023 | £314,229 | £310,000 | 32 ST HELENS CRESCENT |
7 Jul 2023 | £273,633 | £269,950 | 47 OTTERBURN GARDENS |
26 Apr 2023 | £1,389,966 | £1,375,000 | BRACKENDENE HOUSE SOUTH BRACKENDENE DRIVE |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 12 Aug 2011. Using an estimated price of £305,734 means this house is valued at £3,679 per sq meter (£341 per sq foot).
The average size of a house on ALDERLEY ROAD is 118 sq meters (1,280 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Belle Vue Bank |
Apr 2024 | Public order | Under investigation | On or near Brackendene Drive |
Apr 2024 | Anti-social behaviour | On or near Brackendene Drive | |
Mar 2024 | Vehicle crime | Under investigation | On or near Derwent Crook Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Derwent Crook Drive |