£207,922
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Jul 2016. 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 Bridgewater Close
More crime details
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Price Paid | Date |
---|---|
£155,000 | 14 Jul 2016 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £155,000 results in an estimated price of approximately £207,922.
14 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £155,000 | £52,922 | £207,922 |
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 | 54.461 % | £84,414 | £239,414 |
3 Month Average | 29.797 % | £46,185 | £201,185 |
6 Month Average | 18.249 % | £28,285 | £183,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £126,950 | £125,000 | 5 BAILDON CLOSE |
1 Sep 2023 | £182,012 | £178,000 | 16 BRACKEN AVENUE |
30 Nov 2022 | £164,232 | £165,000 | 9 BRACKEN AVENUE |
1 Sep 2022 | £164,890 | £165,000 | 35 BROADSTONE WAY |
23 Aug 2022 | £158,742 | £158,000 | 12 BAILDON CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 May 2016. Using an estimated price of £207,922 means this house is valued at £3,057 per sq meter (£284 per sq foot).
The average size of a house on BRIDGEWATER CLOSE is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bridgewater Close |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jun 2024 | Anti-social behaviour | On or near Briar Close | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnwood Close |
Jun 2024 | Public order | Under investigation | On or near Barnwood Close |