£102,224
This estimated value is based upon the latest sale price for the house of £64,000 on 16 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Bensham Avenue
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Price Paid | Date |
---|---|
£64,000 | 16 Jan 2014 |
£68,000 | 1 Jul 2005 |
£23,000 | 27 Jan 2004 |
£25,000 | 22 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 588 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £64,000 results in an estimated price of approximately £102,224.
16 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £64,000 | £38,224 | £102,224 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -6.342 % | £-4,058 | £59,941 |
3 Month Average | -1.414 % | £-904 | £63,095 |
6 Month Average | 0.180 % | £115 | £64,115 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £81,543 | £80,500 | 34 ST AIDANS STREET |
18 Jul 2023 | £91,228 | £90,000 | 38 ST AIDANS STREET |
3 Apr 2023 | £86,431 | £85,500 | 74 BENSHAM AVENUE |
28 Mar 2023 | £464,375 | £460,000 | 54 BENSHAM AVENUE |
12 Jan 2023 | £144,320 | £145,000 | 1 ST AIDANS STREET |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 27 Feb 2012. Using an estimated price of £102,224 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on BRIGHTON ROAD is 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Bensham Avenue |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Bensham Avenue |
Mar 2024 | Other theft | Under investigation | On or near Bensham Avenue |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bensham Avenue |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bensham Avenue |