£71,922
This estimated value is based upon the latest sale price for the house of £68,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,000 | 3 Dec 2021 |
| £45,000 | 24 Mar 2017 |
| £77,500 | 8 Dec 2006 |
| £103,500 | 26 Mar 2004 |
| £55,000 | 20 Feb 2004 |
| £43,000 | 16 May 2003 |
| £40,000 | 31 Mar 2000 |
| £17,000 | 25 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £68,000 results in an estimated price of approximately £71,922.
| 3 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £68,000 | £3,922 | £71,922 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -49.027 % | £-33,338 | £34,661 |
| 3 Month Average | -23.794 % | £-16,179 | £51,820 |
| 6 Month Average | 5.391 % | £3,665 | £71,665 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Jun 2021.
The average size of a house on BEACH ROAD is 213 sq meters (2,296 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Beach Road | |
| Mar 2024 | Anti-social behaviour | On or near Beach Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Beach Road |
| Mar 2024 | Anti-social behaviour | On or near Beach Road | |
| Feb 2024 | Anti-social behaviour | On or near Beach Road |