£934,281
This estimated value is based upon the latest sale price for the house of £770,000 on 25 Mar 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 |
---|---|
£770,000 | 25 Mar 2020 |
£300,000 | 9 May 2002 |
Detached |
Freehold |
Floor Area: 252 sq meters or 2,712 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 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £770,000 results in an estimated price of approximately £934,281.
25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £770,000 | £164,281 | £934,281 |
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 | -21.482 % | £-165,413 | £604,586 |
3 Month Average | 34.479 % | £265,487 | £1,035,487 |
6 Month Average | 14.654 % | £112,839 | £882,839 |
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 252 sq meters or 2,712 sq feet when measured on 12 Apr 2013. Using an estimated price of £934,281 means this house is valued at £3,707 per sq meter (£344 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 |