£66,431
This estimated value is based upon the latest sale price for the house of £22,000 on 28 Mar 2002. 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 Belmont
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Price Paid | Date |
---|---|
£22,000 | 28 Mar 2002 |
£20,560 | 5 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 499 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 March 2002 the House Price Index for TYNE AND WEAR was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £22,000 results in an estimated price of approximately £66,431.
28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £22,000 | £44,431 | £66,431 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 156.498 % | £34,429 | £56,429 |
3 Month Average | 193.050 % | £42,471 | £64,471 |
6 Month Average | 182.649 % | £40,182 | £62,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £101,295 | £100,000 | 87 MILLFORD |
11 Aug 2023 | £129,130 | £128,000 | 127 COTEMEDE |
10 Aug 2023 | £119,041 | £118,000 | 21 CHEVINGTON |
17 Jul 2023 | £86,160 | £85,000 | 4 COTEMEDE |
13 Apr 2023 | £102,099 | £101,000 | 86 CHEVINGTON |
This house has a floor area of 46 sq meters or 499 sq feet when measured on 12 Feb 2011. Using an estimated price of £66,432 means this house is valued at £1,432 per sq meter (£133 per sq foot).
The average size of a house on CHEVINGTON is 75 sq meters (817 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (499 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belmont |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Belmont |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Belmont |
Feb 2024 | Burglary | Under investigation | On or near Belmont |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Belmont |