£936,321
This estimated value is based upon the latest sale price for the house of £750,000 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£750,000 | 24 Jul 2018 |
£645,000 | 31 Jan 2006 |
Detached |
Freehold |
Floor Area: 229 sq meters or 2,464 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £750,000 results in an estimated price of approximately £936,321.
24 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £750,000 | £186,321 | £936,321 |
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 | 23.520 % | £176,400 | £926,400 |
3 Month Average | 37.003 % | £277,519 | £1,027,519 |
6 Month Average | 41.661 % | £312,454 | £1,062,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £156,819 | £152,000 | 6 GORSEDENE AVENUE |
5 Sep 2023 | £935,625 | £915,000 | 9 ASTLEY DRIVE |
28 Feb 2023 | £407,724 | £405,000 | 49 HASTINGS AVENUE |
6 Jan 2023 | £175,469 | £175,000 | 3 ST DAVIDS COURT |
18 Nov 2022 | £310,548 | £312,000 | 16 WESTLEY AVENUE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 9 Mar 2017. Using an estimated price of £936,322 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on BRIERDENE CRESCENT is 162 sq meters (1,752 sq feet).
This house is the largest in the street with a floor area of 229 sq meters (2,464 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Astley Drive |
Jun 2024 | Anti-social behaviour | On or near Astley Drive | |
Jun 2024 | Anti-social behaviour | On or near Astley Drive | |
Apr 2024 | Anti-social behaviour | On or near Astley Drive | |
Apr 2024 | Anti-social behaviour | On or near Astley Drive |