£169,420
This estimated value is based upon the latest sale price for the house of £155,500 on 19 Nov 2021. 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 Brannen Street
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| Price Paid | Date |
|---|---|
| £155,500 | 19 Nov 2021 |
| £162,000 | 14 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £155,500 results in an estimated price of approximately £169,420.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £155,500 | £13,920 | £169,420 |
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 | -2.977 % | £-4,628 | £150,871 |
| 3 Month Average | 14.911 % | £23,187 | £178,687 |
| 6 Month Average | 3.242 % | £5,041 | £160,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £79,692 | £79,000 | 24 BRANNEN STREET |
| 4 Dec 2023 | £89,758 | £87,000 | 34 WEST PERCY ROAD |
| 13 Oct 2023 | £194,416 | £190,000 | 15 YORK TERRACE |
| 30 Aug 2023 | £127,296 | £125,000 | 4 WEST PERCY ROAD |
| 21 Aug 2023 | £122,204 | £120,000 | 99 CHIRTON WEST VIEW |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Jun 2021. Using an estimated price of £169,420 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on LOVAINE PLACE WEST is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brannen Street |
| Jul 2024 | Anti-social behaviour | On or near Brannen Street | |
| Jul 2024 | Anti-social behaviour | On or near Brannen Street | |
| Jul 2024 | Burglary | Under investigation | On or near Brannen Street |
| Jul 2024 | Anti-social behaviour | On or near Brannen Street |