£110,105
This estimated value is based upon the latest sale price for the house of £63,650 on 4 Feb 2011. 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 |
|---|---|
| £63,650 | 4 Feb 2011 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 February 2011 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £63,650 results in an estimated price of approximately £110,105.
| 4 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £63,650 | £46,455 | £110,105 |
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 | 34.813 % | £22,158 | £85,808 |
| 3 Month Average | 61.979 % | £39,449 | £103,099 |
| 6 Month Average | 46.788 % | £29,780 | £93,430 |
| 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 |
| 18 Aug 2023 | £152,704 | £149,950 | 6 LOVAINE PLACE WEST |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Feb 2018. Using an estimated price of £110,105 means this house is valued at £1,572 per sq meter (£146 per sq foot).
The average size of a house on BRANNEN STREET is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | 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 | |
| Jul 2024 | Anti-social behaviour | On or near Brannen Street | |
| Jul 2024 | Anti-social behaviour | On or near Brannen Street |