£194,537
This estimated value is based upon the latest sale price for the house of £169,500 on 14 Dec 2020. 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 |
|---|---|
| £169,500 | 14 Dec 2020 |
| £53,000 | 10 Nov 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £169,500 results in an estimated price of approximately £194,537.
| 14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £169,500 | £25,037 | £194,537 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -50.287 % | £-85,236 | £84,263 |
| 3 Month Average | -4.514 % | £-7,651 | £161,848 |
| 6 Month Average | 11.164 % | £18,923 | £188,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £168,818 | £167,000 | 25 BEWESHILL CRESCENT |
| 5 Aug 2022 | £209,436 | £210,000 | 16 BEWESHILL CRESCENT |
| 1 Apr 2022 | £181,348 | £176,100 | 11 HERD CLOSE |
| 25 Nov 2021 | £189,265 | £175,000 | 23 SILVERDALE DRIVE |
| 3 Nov 2021 | £304,987 | £282,000 | 5 BARLOW LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Jul 2020. Using an estimated price of £194,537 means this house is valued at £2,401 per sq meter (£223 per sq foot).
There is one other house on the street which we know the size of, this is 1 THE CLOSE it is 107.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Barlowfield Close |