£270,475
This estimated value is based upon the latest sale price for the house of £48,000 on 30 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £48,000 | 30 Jun 1995 |
| Terraced |
| Leasehold |
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 June 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £48,000 results in an estimated price of approximately £270,475.
| 30 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £48,000 | £222,475 | £270,475 |
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 | 249.049 % | £119,543 | £167,543 |
| 3 Month Average | 228.246 % | £109,558 | £157,558 |
| 6 Month Average | 247.774 % | £118,931 | £166,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £143,511 | £141,000 | 17 BEWICK PARK |
| 14 Jul 2023 | £169,278 | £167,000 | 72 BEWICK PARK |
| 14 Jul 2023 | £134,588 | £132,777 | 67 BEWICK PARK |
| 30 Jun 2023 | £146,773 | £144,995 | 26 BEWICK PARK |
| 15 Jul 2022 | £130,351 | £130,000 | 38 BEWICK PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bewick Park | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bewick Park |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bewick Park |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
| Apr 2024 | Anti-social behaviour | On or near Shopping Area |