£181,143
This estimated value is based upon the latest sale price for the house of £104,000 on 28 Jul 2006. 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 |
---|---|
£104,000 | 28 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £104,000 results in an estimated price of approximately £181,143.
28 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £104,000 | £77,143 | £181,143 |
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 | 40.071 % | £41,673 | £145,673 |
3 Month Average | 33.197 % | £34,524 | £138,524 |
6 Month Average | 42.851 % | £44,564 | £148,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 May 2024 | £222,000 | £222,000 | 50 TEVIOTDALE GARDENS |
18 Dec 2023 | £155,271 | £150,500 | 100 FERNDENE GROVE |
7 Sep 2022 | £150,899 | £151,000 | 95 FERNDENE GROVE |
26 Aug 2022 | £163,062 | £162,300 | 125 FERNDENE GROVE |
15 Aug 2022 | £271,268 | £270,000 | 43 TEVIOTDALE GARDENS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Feb 2019. Using an estimated price of £181,144 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on BENTON ROAD is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Benton Road |
May 2024 | Public order | Under investigation | On or near Benton Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Benton Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Road |
Jun 2024 | Anti-social behaviour | On or near Buckthorne Grove |