£222,975
This estimated value is based upon the latest sale price for the house of £159,120 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£159,120 | 9 Oct 2015 |
£155,000 | 17 Jul 2008 |
£52,000 | 15 Dec 2000 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £159,120 results in an estimated price of approximately £222,975.
9 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.0 | 40.131 % | £159,120 | £63,855 | £222,975 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | -41.620 % | £-66,226 | £92,893 |
3 Month Average | -7.270 % | £-11,568 | £147,551 |
6 Month Average | -4.975 % | £-7,915 | £151,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £160,542 | £160,000 | 38 BECKENHAM AVENUE |
18 Aug 2023 | £389,368 | £387,000 | 10 LANGHOLM ROAD |
17 Apr 2023 | £186,385 | £185,000 | 4 BEDE TERRACE |
9 Nov 2022 | £191,888 | £195,000 | 8 BEDE TERRACE |
27 May 2022 | £169,520 | £167,000 | 5 BEDE TERRACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 May 2014. Using an estimated price of £222,976 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on BECKENHAM AVENUE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Baldwin Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Chad'S Villas |
Feb 2024 | Anti-social behaviour | On or near The Hawthorns | |
Feb 2024 | Anti-social behaviour | On or near The Hawthorns | |
Feb 2024 | Anti-social behaviour | On or near The Hawthorns |