£218,683
This estimated value is based upon the latest sale price for the house of £175,500 on 28 Aug 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 |
|---|---|
| £175,500 | 28 Aug 2018 |
| £110,000 | 21 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £175,500 results in an estimated price of approximately £218,683.
| 28 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £175,500 | £43,183 | £218,683 |
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 | -2.027 % | £-3,557 | £171,942 |
| 3 Month Average | 13.433 % | £23,574 | £199,074 |
| 6 Month Average | 5.714 % | £10,028 | £185,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £176,533 | £175,000 | 12 BEADNELL CLOSE |
| 8 Mar 2024 | £208,199 | £205,000 | 13 DENHAM GROVE |
| 21 Dec 2023 | £193,444 | £187,500 | 3 CRESSWELL CLOSE |
| 6 Oct 2023 | £266,042 | £260,000 | 11 DENHAM GROVE |
| 20 Jul 2022 | £220,206 | £218,000 | 18 BEADNELL CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Jul 2015. Using an estimated price of £218,684 means this house is valued at £2,915 per sq meter (£270 per sq foot).
The average size of a house on BEVERLEY DRIVE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Knobbyends Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farndale Close |
| Jul 2024 | Anti-social behaviour | On or near Barlowfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Barlowfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Barlowfield Close |