£174,160
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Dec 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,000 | 20 Dec 2001 |
| £48,000 | 10 Sep 1999 |
| £47,000 | 1 Dec 1998 |
| £40,000 | 19 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2001 the House Price Index for TYNE AND WEAR was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £55,000 results in an estimated price of approximately £174,160.
| 20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £55,000 | £119,160 | £174,160 |
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 | 118.347 % | £65,090 | £120,090 |
| 3 Month Average | 129.545 % | £71,249 | £126,249 |
| 6 Month Average | 138.648 % | £76,256 | £131,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £138,000 | £138,000 | 78 BEVERLEY ROAD |
| 18 Aug 2023 | £93,821 | £93,000 | 42 SPRINGFIELD PLACE |
| 31 Mar 2023 | £141,332 | £140,000 | 39 SPRINGFIELD PLACE |
| 2 Feb 2023 | £149,999 | £150,100 | 28 KELLS LANE |
| 10 Jan 2023 | £129,390 | £130,000 | 17 BEVERLEY CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Dec 2013. Using an estimated price of £174,160 means this house is valued at £1,833 per sq meter (£170 per sq foot).
The average size of a house on BEVERLEY ROAD is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Springfield Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Durham Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Durham Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Old Durham Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Grove Road |