£114,584
This estimated value is based upon the latest sale price for the house of £60,000 on 3 Sep 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 3 Sep 2004 |
| £45,000 | 3 Dec 2003 |
| £27,000 | 11 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2004 the House Price Index for TYNE AND WEAR was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £60,000 results in an estimated price of approximately £114,584.
| 3 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £60,000 | £54,584 | £114,584 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 146.665 % | £87,998 | £147,998 |
| 3 Month Average | 33.821 % | £20,292 | £80,292 |
| 6 Month Average | 50.071 % | £30,042 | £90,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £91,672 | £90,500 | 11 BRINKBURN STREET |
| 13 Jul 2023 | £89,201 | £88,000 | 8 BROCK STREET |
| 19 Apr 2023 | £50,544 | £50,000 | 15 BRINKBURN STREET |
| 10 Mar 2023 | £166,569 | £165,000 | 200 - 202 SHIELDS ROAD |
| 17 Feb 2023 | £229,845 | £230,000 | 88A SHIELDS ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Oct 2014. Using an estimated price of £114,584 means this house is valued at £1,548 per sq meter (£143 per sq foot).
The average size of a house on BRINKBURN STREET is 105 sq meters (1,133 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brinkburn Street |
| Jan 2024 | Anti-social behaviour | On or near Brinkburn Street | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Brinkburn Street |
| Jan 2024 | Anti-social behaviour | On or near Brinkburn Street | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Brinkburn Street |