£230,547
This estimated value is based upon the latest sale price for the house of £135,000 on 7 Jan 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£135,000 | 7 Jan 2013 |
£64,000 | 6 Sep 2000 |
Semi-Detached |
Leasehold |
Floor Area: 59 sq meters or 637 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 2013 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £135,000 results in an estimated price of approximately £230,547.
7 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £135,000 | £95,547 | £230,547 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 0.119 % | £160 | £135,160 |
3 Month Average | 7.579 % | £10,231 | £145,231 |
6 Month Average | 16.044 % | £21,658 | £156,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £53,649 | £52,000 | 22 TROUTBECK GARDENS |
3 Apr 2023 | £280,242 | £275,000 | 27 BEECHWOOD AVENUE |
3 Mar 2023 | £122,038 | £120,000 | 15 TROUTBECK GARDENS |
7 Feb 2023 | £246,648 | £245,000 | 1 BEECHWOOD AVENUE |
12 Aug 2022 | £110,517 | £110,000 | 19 TROUTBECK GARDENS |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 19 Mar 2011. Using an estimated price of £230,548 means this house is valued at £3,893 per sq meter (£361 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (637 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Beechwood Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Ashwood Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mardale Gardens |