£260,624
This estimated value is based upon the latest sale price for the house of £210,000 on 6 Dec 2017. 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 Briarwood Avenue
More crime details
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Price Paid | Date |
---|---|
£210,000 | 6 Dec 2017 |
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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £210,000 results in an estimated price of approximately £260,624.
6 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 146.7 | 24.107 % | £210,000 | £50,624 | £260,624 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -3.109 % | £-6,529 | £203,470 |
3 Month Average | 2.632 % | £5,528 | £215,528 |
6 Month Average | 7.121 % | £14,954 | £224,954 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 14 Mar 2015.
The average size of a house on BRIARWOOD AVENUE is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Briarwood Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Salters Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Christon Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Christon Close |
Feb 2024 | Anti-social behaviour | On or near Christon Close |