£130,432
This estimated value is based upon the latest sale price for the house of £23,000 on 19 May 1995. 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 Northcote Street
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| Price Paid | Date |
|---|---|
| £23,000 | 19 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £23,000 results in an estimated price of approximately £130,432.
| 19 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £23,000 | £107,432 | £130,432 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 361.510 % | £83,147 | £106,147 |
| 3 Month Average | 331.256 % | £76,188 | £99,188 |
| 6 Month Average | 309.203 % | £71,116 | £94,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £91,653 | £90,000 | 15 PROSPECT COURT |
| 18 Aug 2023 | £94,708 | £93,000 | 3 PROSPECT COURT |
| 18 Aug 2023 | £42,771 | £42,000 | 10 PROSPECT COURT |
| 18 Aug 2023 | £91,653 | £90,000 | 5 PROSPECT COURT |
| 18 Aug 2023 | £45,827 | £45,000 | 12 PROSPECT COURT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Oct 2021. Using an estimated price of £130,433 means this house is valued at £1,890 per sq meter (£175 per sq foot).
The average size of a house on BEACONSFIELD STREET is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Northcote Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Northcote Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Northcote Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northcote Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |