£164,054
This estimated value is based upon the latest sale price for the house of £129,950 on 16 Mar 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 |
---|---|
£129,950 | 16 Mar 2018 |
£120,000 | 28 Mar 2014 |
£66,000 | 26 Jul 2002 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £129,950 results in an estimated price of approximately £164,054.
16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £129,950 | £34,104 | £164,054 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 94.695 % | £123,056 | £253,006 |
3 Month Average | 38.487 % | £50,014 | £179,964 |
6 Month Average | 15.155 % | £19,694 | £149,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £243,019 | £237,500 | 54 WARKWORTH AVENUE |
25 Sep 2023 | £171,787 | £168,000 | 4 BLACKTHORN DRIVE |
1 Sep 2023 | £182,012 | £178,000 | 16 BRACKEN AVENUE |
27 Jan 2023 | £152,407 | £152,000 | 2 BLACKTHORN DRIVE |
27 Jan 2023 | £171,458 | £171,000 | 2 BERRY CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Oct 2013. Using an estimated price of £164,055 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on BRIAR CLOSE is 106 sq meters (1,146 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Broomfield Avenue |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnwood Close |
Jun 2024 | Public order | Under investigation | On or near Barnwood Close |