£161,107
This estimated value is based upon the latest sale price for the house of £79,950 on 28 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,950 | 28 May 2004 |
£22,000 | 23 Jun 1995 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 899 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 May 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £79,950 results in an estimated price of approximately £161,107.
28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £79,950 | £81,157 | £161,107 |
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 | 65.114 % | £52,058 | £132,008 |
3 Month Average | 62.699 % | £50,127 | £130,077 |
6 Month Average | 70.791 % | £56,597 | £136,547 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £143,511 | £141,000 | 28 BERKLEY CLOSE |
30 Jun 2023 | £121,471 | £120,000 | 16 BARWELL CLOSE |
2 Mar 2023 | £100,951 | £100,000 | 10 BARMOUTH CLOSE |
24 Nov 2022 | £122,022 | £123,500 | 13 BEAMISH CLOSE |
16 Sep 2022 | £118,047 | £119,000 | 8 BARTON CLOSE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 13 Oct 2009. Using an estimated price of £161,107 means this house is valued at £1,927 per sq meter (£179 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Beaufort Gardens | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Beaufort Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Beaufort Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Beaufort Gardens |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barwell Close |