£289,443
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Jul 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £250,000 | 6 Jul 2021 |
| £249,995 | 10 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 July 2021 the House Price Index for TYNE AND WEAR was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £250,000 results in an estimated price of approximately £289,443.
| 6 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £250,000 | £39,443 | £289,443 |
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 | 39.025 % | £97,561 | £347,561 |
| 3 Month Average | 46.638 % | £116,594 | £366,594 |
| 6 Month Average | 30.332 % | £75,829 | £325,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £203,121 | £200,000 | 12 DANESFIELD ROAD |
| 12 Oct 2023 | £225,113 | £220,000 | 6 DANBURY CLOSE |
| 13 Jan 2023 | £245,656 | £245,000 | 6 DANESFIELD ROAD |
| 28 Sep 2021 | £184,547 | £170,000 | 28 BARMSTON ROAD |
| 6 Jul 2021 | £289,443 | £250,000 | 21 BARMSTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 8 Mar 2016. Using an estimated price of £289,443 means this house is valued at £2,680 per sq meter (£248 per sq foot).
The average size of a house on BARMSTON ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Appleby Close | |
| Aug 2024 | Public order | Under investigation | On or near Arbury Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arbury Close |
| Sep 2024 | Anti-social behaviour | On or near Burghley Close | |
| Sep 2024 | Anti-social behaviour | On or near Burghley Close |