£287,134
This estimated value is based upon the latest sale price for the house of £285,000 on 26 Apr 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £285,000 | 26 Apr 2023 |
| £228,000 | 12 Aug 2016 |
| £215,000 | 29 Nov 2013 |
| £182,000 | 12 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 April 2023 the House Price Index for TYNE AND WEAR was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £285,000 results in an estimated price of approximately £287,134.
| 26 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £285,000 | £2,134 | £287,134 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -37.541 % | £-106,992 | £178,007 |
| 3 Month Average | -5.299 % | £-15,102 | £269,897 |
| 6 Month Average | 4.451 % | £12,685 | £297,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £291,239 | £287,500 | 13 BEACONSFIELD AVENUE |
| 12 Jul 2023 | £242,292 | £240,000 | 10 DERWENT GARDENS |
| 26 Apr 2023 | £288,102 | £285,000 | 15 BEACONSFIELD AVENUE |
| 23 Mar 2023 | £160,870 | £160,000 | 19 MELROSE AVENUE |
| 2 Sep 2022 | £301,335 | £305,000 | 10 MELROSE AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 20 Sep 2013. Using an estimated price of £288,102 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on BEACONSFIELD AVENUE is 139 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Arundel Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Kellfield Road |
| Apr 2024 | Other crime | Under investigation | On or near Hill Top Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Top Gardens |