£180,335
This estimated value is based upon the latest sale price for the house of £56,950 on 24 Dec 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £56,950 | 24 Dec 2001 |
| £29,450 | 21 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 December 2001 the House Price Index for TYNE AND WEAR was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £56,950 results in an estimated price of approximately £180,335.
| 24 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £56,950 | £123,385 | £180,335 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 81.934 % | £46,661 | £103,611 |
| 3 Month Average | 152.686 % | £86,954 | £143,904 |
| 6 Month Average | 142.288 % | £81,032 | £137,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £138,000 | £138,000 | 78 BEVERLEY ROAD |
| 8 Dec 2023 | £139,440 | £137,000 | 9 OLIVE GARDENS |
| 20 Nov 2023 | £112,668 | £111,000 | 74 SHERIFFS HIGHWAY |
| 28 Sep 2023 | £141,813 | £140,000 | 22 OLIVE GARDENS |
| 13 Apr 2023 | £128,382 | £127,000 | 15 EVISTONES ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Jul 2020. Using an estimated price of £180,335 means this house is valued at £2,774 per sq meter (£257 per sq foot).
The average size of a house on BEVERLEY ROAD is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Cyprus Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cyprus Gardens |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prefect Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Prefect Place |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prefect Place |