£143,924
This estimated value is based upon the latest sale price for the house of £116,500 on 21 Oct 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 |
|---|---|
| £116,500 | 21 Oct 2019 |
| £109,000 | 20 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £116,500 results in an estimated price of approximately £143,924.
| 21 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £116,500 | £27,424 | £143,924 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 30.434 % | £35,456 | £151,956 |
| 3 Month Average | 22.665 % | £26,404 | £142,904 |
| 6 Month Average | 20.748 % | £24,171 | £140,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £121,152 | £120,100 | APARTMENT 25 WHARRY COURT MANOR PARK |
| 20 Dec 2023 | £158,882 | £154,000 | 92 CORCHESTER WALK |
| 24 Nov 2023 | £155,959 | £152,000 | 44 CORCHESTER WALK |
| 18 Sep 2023 | £174,343 | £170,500 | 60 CORCHESTER WALK |
| 9 Sep 2022 | £138,907 | £139,000 | APARTMENT 3 WHARRY COURT MANOR PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Jun 2019. Using an estimated price of £143,924 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on BENTON ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairmont Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Benton Road |
| May 2024 | Public order | Under investigation | On or near Benton Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Benton Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Road |