£386,064
This estimated value is based upon the latest sale price for the house of £333,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £333,000 | 30 Nov 2020 |
| £270,000 | 14 Jul 2010 |
| £215,000 | 14 Feb 2007 |
| £87,950 | 1 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £333,000 results in an estimated price of approximately £386,064.
| 30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £333,000 | £53,064 | £386,064 |
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 | 8.962 % | £29,842 | £362,842 |
| 3 Month Average | 12.409 % | £41,320 | £374,320 |
| 6 Month Average | 15.598 % | £51,941 | £384,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £128,244 | £126,000 | 42 VILLAGE COURT |
| 21 Jul 2023 | £126,705 | £125,000 | 35 VILLAGE COURT |
| 21 Apr 2023 | £187,014 | £185,000 | 17 VILLAGE COURT |
| 11 Apr 2023 | £111,197 | £110,000 | 30 VILLAGE COURT |
| 6 Jan 2023 | £179,156 | £180,000 | 50 VILLAGE COURT |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 17 Jun 2020. Using an estimated price of £386,065 means this house is valued at £2,859 per sq meter (£265 per sq foot).
The average size of a house on BEECH GROVE is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Gardens |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Sanderson Road |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Sanderson Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Sanderson Road |