£47,028
This estimated value is based upon the latest sale price for the house of £29,950 on 7 Jan 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£29,950 | 7 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2008 the House Price Index for TYNE AND WEAR was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £29,950 results in an estimated price of approximately £47,028.
7 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £29,950 | £17,078 | £47,028 |
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 | 13.303 % | £3,984 | £33,934 |
3 Month Average | 17.049 % | £5,106 | £35,056 |
6 Month Average | 18.399 % | £5,510 | £35,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £62,589 | £61,000 | 52 BILBROUGH GARDENS |
1 Jun 2023 | £40,817 | £39,999 | 25 ST JAMES CRESCENT |
1 Jun 2023 | £40,817 | £39,999 | 23 ST JAMES CRESCENT |
1 Jun 2023 | £66,329 | £65,000 | 21 ST JAMES CRESCENT |
28 Apr 2023 | £50,953 | £50,000 | 106 BILBROUGH GARDENS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Mar 2019. Using an estimated price of £47,028 means this house is valued at £797 per sq meter (£74 per sq foot).
The average size of a house on BILBROUGH GARDENS is 64 sq meters (695 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bilbrough Gardens |