£150,401
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Jan 2023 |
| £115,000 | 28 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £150,000 results in an estimated price of approximately £150,401.
| 20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £150,000 | £401 | £150,401 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 4.980 % | £7,469 | £157,469 |
| 3 Month Average | 10.130 % | £15,195 | £165,195 |
| 6 Month Average | -5.492 % | £-8,237 | £141,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £230,100 | £230,100 | 21 VALLEY FORGE |
| 15 Dec 2023 | £152,692 | £148,000 | 39 BEDE CRESCENT |
| 30 Nov 2023 | £174,428 | £170,000 | 51 BEDE CRESCENT |
| 29 Sep 2023 | £229,560 | £224,500 | 32 VALLEY FORGE |
| 31 Mar 2023 | £126,055 | £123,950 | 8 BEDE CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Feb 2020. Using an estimated price of £150,402 means this house is valued at £1,880 per sq meter (£174 per sq foot).
The average size of a house on BEDE CRESCENT is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbey Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Abbey Close |
| Aug 2024 | Anti-social behaviour | On or near Abbey Close | |
| Aug 2024 | Anti-social behaviour | On or near Abbey Close | |
| Aug 2024 | Anti-social behaviour | On or near Abbey Close |