£370,037
This estimated value is based upon the latest sale price for the house of £263,000 on 15 Oct 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £263,000 | 15 Oct 2015 |
| £189,000 | 17 Dec 2004 |
| £112,000 | 5 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 October 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £263,000 results in an estimated price of approximately £370,037.
| 15 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £263,000 | £107,037 | £370,037 |
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 | 3.239 % | £8,517 | £271,517 |
| 3 Month Average | 17.503 % | £46,032 | £309,032 |
| 6 Month Average | 19.239 % | £50,598 | £313,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £129,010 | £127,100 | 45 ROBSON STREET |
| 8 Nov 2023 | £340,034 | £335,000 | 2 BEACON STREET |
| 29 Sep 2023 | £149,917 | £148,000 | 38 DEAN STREET |
| 9 Aug 2023 | £131,147 | £130,000 | 47 DEAN STREET |
| 28 Jul 2023 | £162,183 | £160,000 | 66 BEACON STREET |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 26 Jun 2014. Using an estimated price of £370,038 means this house is valued at £2,356 per sq meter (£218 per sq foot).
The average size of a house on BEACON STREET is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |
| Feb 2024 | Public order | Under investigation | On or near Wesley Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Top Gardens |