£145,076
This estimated value is based upon the latest sale price for the house of £116,500 on 1 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£116,500 | 1 May 2019 |
£115,500 | 16 Sep 2016 |
£105,995 | 29 Sep 2011 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 643 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £116,500 results in an estimated price of approximately £145,076.
1 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £116,500 | £28,576 | £145,076 |
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 | 56.431 % | £65,742 | £182,242 |
3 Month Average | 22.141 % | £25,794 | £142,294 |
6 Month Average | 7.483 % | £8,717 | £125,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £191,614 | £189,950 | 17 BRISTOL DRIVE |
8 Dec 2023 | £138,764 | £134,500 | 15 BRISTOL DRIVE |
27 Oct 2023 | £301,856 | £295,000 | 8 TREE TOP MEWS |
22 Jun 2023 | £98,984 | £97,000 | 6 BRADFORD AVENUE |
8 Jun 2023 | £112,249 | £110,000 | 26 TREE TOP MEWS |
This house has a floor area of 59 sq meters or 643 sq feet when measured on 28 Sep 2011. Using an estimated price of £145,076 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on BERWICK DRIVE is 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Berwick Drive |
Jun 2024 | Anti-social behaviour | On or near Bridlington Close | |
Jun 2024 | Anti-social behaviour | On or near Bridlington Close | |
Jun 2024 | Public order | Under investigation | On or near Parking Area |
May 2024 | Public order | Under investigation | On or near Parking Area |