£245,748
This estimated value is based upon the latest sale price for the house of £200,000 on 23 Jan 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 |
---|---|
£200,000 | 23 Jan 2020 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £200,000 results in an estimated price of approximately £245,748.
23 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £200,000 | £45,748 | £245,748 |
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 | 3.923 % | £7,846 | £207,846 |
3 Month Average | 1.396 % | £2,791 | £202,791 |
6 Month Average | 8.426 % | £16,851 | £216,851 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £339,716 | £332,000 | 62 CALDERWOOD CRESCENT |
3 Apr 2023 | £280,242 | £275,000 | 27 BEECHWOOD AVENUE |
7 Feb 2023 | £246,648 | £245,000 | 1 BEECHWOOD AVENUE |
15 Feb 2022 | £231,364 | £219,000 | 9 BIRCHFIELD GARDENS |
11 Feb 2022 | £375,042 | £355,000 | 60 CALDERWOOD CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 30 Aug 2019. Using an estimated price of £245,749 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Beechwood Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Ashwood Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |