£486,123
This estimated value is based upon the latest sale price for the house of £375,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £375,000 | 8 May 2017 |
| £107,500 | 8 Apr 1998 |
| Semi-Detached |
| Freehold |
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 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £375,000 results in an estimated price of approximately £486,123.
| 8 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £375,000 | £111,123 | £486,123 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 22.972 % | £86,145 | £461,145 |
| 3 Month Average | 32.258 % | £120,967 | £495,967 |
| 6 Month Average | 29.748 % | £111,556 | £486,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £385,000 | £385,000 | 36 THE GARDENS |
| 14 Dec 2023 | £1,229,789 | £1,192,000 | 4 BEVERLEY PARK |
| 3 Nov 2023 | £702,841 | £685,000 | 22A BEVERLEY ROAD |
| 12 Jan 2023 | £393,050 | £392,000 | 17 THE GARDENS |
| 28 Jan 2022 | £435,742 | £411,000 | 14 ST GEORGES CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beverley Park |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beverley Park |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Place |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kenilworth Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Churchill Court |