£350,653
This estimated value is based upon the latest sale price for the house of £272,500 on 5 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £272,500 | 5 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £272,500 results in an estimated price of approximately £350,653.
| 5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £272,500 | £78,153 | £350,653 |
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 | 14.449 % | £39,374 | £311,874 |
| 3 Month Average | 36.978 % | £100,764 | £373,264 |
| 6 Month Average | 24.639 % | £67,141 | £339,641 |
| 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 138 sq meters or 1,485 sq feet when measured on 18 Jan 2016. Using an estimated price of £350,654 means this house is valued at £2,540 per sq meter (£236 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 | Investigation complete; no suspect identified | On or near Sanderson Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Sanderson Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sanderson Road |