£161,231
This estimated value is based upon the latest sale price for the house of £138,000 on 9 Oct 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 |
|---|---|
| £138,000 | 9 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £138,000 results in an estimated price of approximately £161,231.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £138,000 | £23,231 | £161,231 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 27.428 % | £37,850 | £175,850 |
| 3 Month Average | 8.600 % | £11,867 | £149,867 |
| 6 Month Average | 8.292 % | £11,443 | £149,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £125,424 | £125,000 | 128 NEWTON ROAD |
| 11 Mar 2024 | £185,627 | £185,000 | 23 BEANLEY PLACE |
| 23 Nov 2023 | £450,787 | £445,000 | 22 EASTLANDS |
| 10 Feb 2023 | £233,894 | £235,000 | 6 CRAGSIDE |
| 27 Jan 2023 | £186,859 | £188,500 | 110 WELDON CRESCENT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Mar 2020. Using an estimated price of £161,232 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on BEANLEY PLACE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |