£210,744
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Aug 2019 |
| £164,950 | 9 Sep 2016 |
| £137,000 | 20 Mar 2009 |
| £150,000 | 6 Feb 2009 |
| £165,000 | 18 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £170,000 results in an estimated price of approximately £210,744.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £170,000 | £40,744 | £210,744 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 73.985 % | £125,774 | £295,774 |
| 3 Month Average | 32.047 % | £54,480 | £224,480 |
| 6 Month Average | 17.259 % | £29,341 | £199,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £170,324 | £166,000 | 6 ASHGILL MEWS |
| 24 Mar 2023 | £290,857 | £286,000 | 20 STONEFOLD CLOSE |
| 28 Feb 2022 | £106,913 | £101,200 | 10 LAMPETER CLOSE |
| 30 Nov 2021 | £222,425 | £204,150 | 2 CROSSLANDS COURT |
| 3 Sep 2021 | £148,723 | £137,000 | 5 ASHGILL MEWS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Jan 2019. Using an estimated price of £210,745 means this house is valued at £2,927 per sq meter (£271 per sq foot).
The average size of a house on BERRINGTON DRIVE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berrington Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stonefold Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Stonefold Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashgill Mews |
| May 2024 | Vehicle crime | Under investigation | On or near Ashgill Mews |