£553,937
This estimated value is based upon the latest sale price for the house of £315,000 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£315,000 | 6 Nov 2009 |
£146,000 | 30 Apr 2001 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,468 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £315,000 results in an estimated price of approximately £553,937.
6 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £315,000 | £238,937 | £553,937 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -17.928 % | £-56,471 | £258,528 |
3 Month Average | 56.435 % | £177,770 | £492,770 |
6 Month Average | 52.292 % | £164,720 | £479,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £573,014 | £560,000 | 40 NORTH RIDGE |
28 Apr 2023 | £214,003 | £210,000 | 18 BERRISHILL GROVE |
21 Apr 2023 | £351,576 | £345,000 | 2 ASHBURY |
22 Feb 2023 | £453,026 | £450,000 | 15 THE RIDINGS |
8 Jul 2022 | £189,903 | £188,000 | 22 BERRISHILL GROVE |
This house has a floor area of 136 sq meters or 1,468 sq feet when measured on 16 Oct 2008. Using an estimated price of £553,938 means this house is valued at £4,061 per sq meter (£377 per sq foot).
The average size of a house on BERRISHILL GROVE is 81 sq meters (880 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,468 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Ashbury | |
May 2024 | Anti-social behaviour | On or near Ashbury | |
May 2024 | Anti-social behaviour | On or near Ashbury | |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Newsteads Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newsteads Drive |