£130,597
This estimated value is based upon the latest sale price for the house of £75,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 12 Aug 2011 |
| £43,000 | 16 Oct 2003 |
| £20,500 | 16 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 654 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 August 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £75,000 results in an estimated price of approximately £130,597.
| 12 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £75,000 | £55,597 | £130,597 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -56.074 % | £-42,055 | £32,944 |
| 3 Month Average | 8.052 % | £6,038 | £81,038 |
| 6 Month Average | -0.445 % | £-333 | £74,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £313,623 | £306,500 | 1 VALEBROOKE GARDENS |
| 12 Apr 2023 | £127,383 | £125,000 | 28 ENNERDALE |
| 20 Mar 2023 | £81,359 | £80,000 | 12 BRIERY VALE ROAD |
| 6 Jul 2022 | £152,528 | £151,000 | 15 BRIERY VALE ROAD |
| 27 May 2022 | £108,322 | £105,500 | 11 WOODSIDE |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 9 May 2011. Using an estimated price of £130,597 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on BRIERY VALE ROAD is 108 sq meters (1,172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Briery Vale Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Vale Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Azalea Avenue |
| Jun 2024 | Anti-social behaviour | On or near Azalea Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Azalea Avenue |