£172,017
This estimated value is based upon the latest sale price for the house of £139,995 on 27 Jan 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 |
|---|---|
| £139,995 | 27 Jan 2020 |
| £130,000 | 15 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £139,995 results in an estimated price of approximately £172,017.
| 27 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £139,995 | £32,022 | £172,017 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 21.454 % | £30,033 | £170,028 |
| 3 Month Average | 29.051 % | £40,669 | £180,664 |
| 6 Month Average | 4.670 % | £6,537 | £146,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £160,000 | £160,000 | 1 KIELDER |
| 25 Aug 2023 | £106,929 | £105,000 | 15 SIMONBURN |
| 26 Jun 2023 | £127,505 | £124,950 | 5 RABY ROAD |
| 20 Apr 2023 | £91,715 | £90,000 | 21 STANHOPE |
| 10 Mar 2023 | £140,090 | £137,750 | 31 RABY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Jul 2014. Using an estimated price of £172,018 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on BELSAY is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Simonburn |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Simonburn |
| Jul 2024 | Possession of weapons | Under investigation | On or near Kielder |
| Oct 2024 | Vehicle crime | Under investigation | On or near Raby Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raby Road |