£140,488
This estimated value is based upon the latest sale price for the house of £93,500 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,500 | 5 Dec 2014 |
| £98,000 | 9 Oct 2007 |
| £48,000 | 30 Sep 2002 |
| £33,500 | 12 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £93,500 results in an estimated price of approximately £140,488.
| 5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £93,500 | £46,988 | £140,488 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 12.072 % | £11,287 | £104,787 |
| 3 Month Average | 42.458 % | £39,698 | £133,198 |
| 6 Month Average | 34.353 % | £32,120 | £125,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £48,749 | £48,000 | 56 BRAHMAN AVENUE |
| 22 Nov 2023 | £128,256 | £125,000 | 74 BRAHMAN AVENUE |
| 29 Sep 2023 | £132,930 | £130,000 | 90 ANGUS CRESCENT |
| 15 Sep 2023 | £127,818 | £125,000 | 47 ANGUS CRESCENT |
| 24 Feb 2023 | £100,672 | £100,000 | 59 ANGUS CRESCENT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Nov 2016. Using an estimated price of £140,489 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on BRAHMAN AVENUE is 58 sq meters (633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Brahman Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brahman Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brahman Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Brahman Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brahman Avenue |