£308,631
This estimated value is based upon the latest sale price for the house of £270,000 on 9 Dec 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 |
|---|---|
| £270,000 | 9 Dec 2020 |
| £185,000 | 3 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £270,000 results in an estimated price of approximately £308,631.
| 9 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £270,000 | £38,631 | £308,631 |
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 | 18.416 % | £49,723 | £319,723 |
| 3 Month Average | 4.839 % | £13,065 | £283,065 |
| 6 Month Average | 7.071 % | £19,092 | £289,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £316,927 | £315,000 | 37 BALLIOL GARDENS |
| 28 Jul 2023 | £186,767 | £185,000 | 72 BENTON PARK ROAD |
| 21 Jul 2023 | £217,053 | £215,000 | 23 THROPTON AVENUE |
| 14 Jun 2023 | £168,869 | £167,500 | 44 BENTON PARK ROAD |
| 13 Jun 2023 | £181,471 | £180,000 | 82 BENTON PARK ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 20 Jun 2019. Using an estimated price of £308,631 means this house is valued at £2,911 per sq meter (£270 per sq foot).
The average size of a house on BALLIOL GARDENS is 146 sq meters (1,576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balliol Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Avenue |
| Jan 2024 | Anti-social behaviour | On or near Parkside Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Parkside Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Parkside Avenue |