£434,450
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £270,000 | 24 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £270,000 results in an estimated price of approximately £434,450.
| 24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £270,000 | £164,450 | £434,450 |
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 | 15.874 % | £42,859 | £312,859 |
| 3 Month Average | 33.026 % | £89,169 | £359,169 |
| 6 Month Average | 12.486 % | £33,712 | £303,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £452,784 | £442,500 | 20 BREAMISH DRIVE |
| 4 Aug 2023 | £392,071 | £385,000 | 26 BREAMISH DRIVE |
| 25 Jul 2022 | £464,656 | £460,000 | 23 BREAMISH DRIVE |
| 30 May 2022 | £400,432 | £390,000 | 16 FOREST DRIVE |
| 27 May 2022 | £351,148 | £342,000 | 50 HARTHOPE CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 1 Oct 2013. Using an estimated price of £434,451 means this house is valued at £3,745 per sq meter (£347 per sq foot).
The average size of a house on BREAMISH DRIVE is 147 sq meters (1,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hope Shield |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Shield |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |
| Jul 2024 | Other crime | Under investigation | On or near Harthope Close |