£120,274
This estimated value is based upon the latest sale price for the house of £98,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Benton Road
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Price Paid | Date |
---|---|
£98,000 | 30 Nov 2018 |
£98,000 | 31 Jan 2018 |
£69,000 | 5 Jun 2002 |
£43,000 | 30 Mar 2001 |
£41,500 | 30 Jun 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £98,000 results in an estimated price of approximately £120,274.
30 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.0 | 22.729 % | £98,000 | £22,274 | £120,274 |
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 | 60.587 % | £59,375 | £157,375 |
3 Month Average | 26.034 % | £25,513 | £123,513 |
6 Month Average | 30.314 % | £29,707 | £127,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £153,402 | £150,500 | 100 FERNDENE GROVE |
28 Jul 2023 | £142,347 | £141,000 | 74 FERNDENE GROVE |
7 Sep 2022 | £149,186 | £151,000 | 95 FERNDENE GROVE |
26 Aug 2022 | £161,211 | £162,300 | 125 FERNDENE GROVE |
15 Aug 2022 | £268,188 | £270,000 | 43 TEVIOTDALE GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 May 2016. Using an estimated price of £120,274 means this house is valued at £1,582 per sq meter (£147 per sq foot).
The average size of a house on BENTON ROAD is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Benton Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Benton Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Benton Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Teviotdale Gardens |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swaledale Gardens |