£148,396
This estimated value is based upon the latest sale price for the house of £101,440 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,440 | 5 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £101,440 results in an estimated price of approximately £148,396.
| 5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £101,440 | £46,956 | £148,396 |
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 | -11.068 % | £-11,226 | £90,213 |
| 3 Month Average | -1.273 % | £-1,291 | £100,148 |
| 6 Month Average | 4.645 % | £4,711 | £106,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £85,952 | £84,000 | 16 BLACKLOCK CLOSE |
| 21 Sep 2023 | £130,374 | £127,500 | 8 BEACON RISE |
| 4 Aug 2023 | £99,800 | £98,000 | 9 BLACKLOCK CLOSE |
| 30 Mar 2023 | £211,024 | £207,500 | 21 CONISTON GARDENS |
| 27 Feb 2023 | £134,911 | £134,010 | 4 BEACON RISE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 May 2015. Using an estimated price of £148,396 means this house is valued at £1,952 per sq meter (£181 per sq foot).
The average size of a house on BEACON RISE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Blacklock Court |
| Jul 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Blacklock Court |
| Jul 2024 | Anti-social behaviour | On or near Blacklock Court | |
| Jul 2024 | Anti-social behaviour | On or near Blacklock Court |