£259,245
This estimated value is based upon the latest sale price for the house of £212,500 on 30 Jun 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 |
---|---|
£212,500 | 30 Jun 2020 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £212,500 results in an estimated price of approximately £259,245.
30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £212,500 | £46,745 | £259,245 |
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 | -2.489 % | £-5,289 | £207,210 |
3 Month Average | 7.470 % | £15,874 | £228,374 |
6 Month Average | 8.889 % | £18,888 | £231,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £265,861 | £260,000 | 19 OAKWOOD AVENUE |
3 Apr 2023 | £280,242 | £275,000 | 27 BEECHWOOD AVENUE |
7 Feb 2023 | £246,648 | £245,000 | 1 BEECHWOOD AVENUE |
2 Aug 2021 | £150,037 | £133,500 | 44 BRAMPTON GARDENS |
18 Jun 2021 | £232,386 | £215,000 | 33 BEECHWOOD AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Feb 2020. Using an estimated price of £259,246 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oakwood Avenue |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Beechwood Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Brampton Gardens |
Jul 2024 | Anti-social behaviour | On or near Brampton Gardens | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brampton Gardens |