£347,990
This estimated value is based upon the latest sale price for the house of £235,100 on 10 Apr 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 |
|---|---|
| £235,100 | 10 Apr 2015 |
| £84,000 | 26 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £235,100 results in an estimated price of approximately £347,990.
| 10 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £235,100 | £112,890 | £347,990 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 7.745 % | £18,207 | £253,307 |
| 3 Month Average | 23.077 % | £54,254 | £289,354 |
| 6 Month Average | 46.623 % | £109,610 | £344,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £355,944 | £350,000 | 77 EASTBOURNE GARDENS |
| 12 Aug 2022 | £728,406 | £725,000 | 54 MARINE AVENUE |
| 5 Aug 2022 | £251,174 | £250,000 | 14 QUEENS ROAD |
| 29 Jul 2022 | £372,735 | £369,000 | 82 EASTBOURNE GARDENS |
| 20 Dec 2021 | £269,826 | £249,999 | 45 EASTBOURNE GARDENS |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 21 Jan 2015. Using an estimated price of £347,990 means this house is valued at £2,416 per sq meter (£224 per sq foot).
The average size of a house on BALMORAL GARDENS is 158 sq meters (1,707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Balmoral Gardens |
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Ilfracombe Gardens | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ilfracombe Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Ilfracombe Gardens |