£183,979
This estimated value is based upon the latest sale price for the house of £137,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,000 | 27 May 2016 |
| £96,500 | 28 Feb 2011 |
| £123,000 | 5 Sep 2005 |
| £54,950 | 16 Jun 2000 |
| £52,140 | 5 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 641 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 May 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £137,000 results in an estimated price of approximately £183,979.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £137,000 | £46,979 | £183,979 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -28.341 % | £-38,827 | £98,172 |
| 3 Month Average | 24.477 % | £33,533 | £170,533 |
| 6 Month Average | 25.663 % | £35,158 | £172,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £151,892 | £149,950 | 240 BEWICK PARK |
| 28 Jun 2023 | £172,034 | £169,950 | 203 BEWICK PARK |
| 27 Jun 2022 | £4,353 | £4,291 | 158 BEWICK PARK |
| 27 Apr 2022 | £150,351 | £146,000 | 267 BEWICK PARK |
| 13 Apr 2022 | £121,516 | £118,000 | 159 BEWICK PARK |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 6 Jan 2011. Using an estimated price of £183,979 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on BEWICK PARK is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bewick Park |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bewick Park |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Shopping Area |
| Dec 2023 | Drugs | Formal action is not in the public interest | On or near Shopping Area |