£129,064
This estimated value is based upon the latest sale price for the house of £75,000 on 2 Sep 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Brial Close
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 2 Sep 2008 |
| £36,000 | 6 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2008 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £75,000 results in an estimated price of approximately £129,064.
| 2 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £75,000 | £54,064 | £129,064 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -52.317 % | £-39,237 | £35,762 |
| 3 Month Average | 4.181 % | £3,135 | £78,135 |
| 6 Month Average | 21.996 % | £16,497 | £91,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £78,956 | £78,000 | 24 SNOWDROP CLOSE |
| 9 Jun 2023 | £109,324 | £108,000 | 28 SNOWDROP CLOSE |
| 9 Jun 2023 | £106,287 | £105,000 | 1 BRIAR CLOSE |
| 27 Feb 2023 | £130,912 | £131,000 | 6 IRIS CLOSE |
| 9 Jan 2023 | £135,362 | £136,000 | 32 MORGANS WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 May 2016. Using an estimated price of £129,064 means this house is valued at £1,792 per sq meter (£166 per sq foot).
The average size of a house on BRIAR CLOSE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Brial Close |
| Apr 2024 | Burglary | Under investigation | On or near Brial Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brial Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brial Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brial Close |