£336,165
This estimated value is based upon the latest sale price for the house of £269,950 on 21 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£269,950 | 21 May 2019 |
£240,000 | 2 Jul 2010 |
£227,000 | 1 Sep 2006 |
£115,000 | 10 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £269,950 results in an estimated price of approximately £336,165.
21 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £269,950 | £66,215 | £336,165 |
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 | 11.319 % | £30,554 | £300,504 |
3 Month Average | 25.973 % | £70,112 | £340,062 |
6 Month Average | 27.958 % | £75,471 | £345,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £129,994 | £126,000 | 42 VILLAGE COURT |
21 Apr 2023 | £188,526 | £185,000 | 17 VILLAGE COURT |
11 Apr 2023 | £112,097 | £110,000 | 30 VILLAGE COURT |
6 Jan 2023 | £180,482 | £180,000 | 50 VILLAGE COURT |
20 Jun 2022 | £364,798 | £357,000 | 97 BEECH GROVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 7 Nov 2018. Using an estimated price of £336,165 means this house is valued at £2,401 per sq meter (£223 per sq foot).
The average size of a house on BEECH GROVE is 126 sq meters (1,366 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Beech Grove |
Jul 2024 | Vehicle crime | Under investigation | On or near Beech Grove |
Jun 2024 | Vehicle crime | Under investigation | On or near Hawthorn Gardens |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorn Gardens |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sanderson Road |