£135,437
This estimated value is based upon the latest sale price for the house of £132,000 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £132,000 | 8 Nov 2023 |
| £120,000 | 24 Aug 2016 |
| £82,000 | 27 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £132,000 results in an estimated price of approximately £135,437.
| 8 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £132,000 | £3,437 | £135,437 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | -18.334 % | £-24,200 | £107,799 |
| 3 Month Average | 16.286 % | £21,497 | £153,497 |
| 6 Month Average | 4.659 % | £6,149 | £138,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £139,280 | £135,000 | 6 SHIELD STREET |
| 8 Nov 2023 | £135,438 | £132,000 | 24 BEADNELL PLACE |
| 19 Jun 2023 | £1,744,969 | £1,710,000 | A P CHAU C C BARKER STREET |
| 23 Mar 2023 | £457,643 | £450,000 | 137 - 139 NEW BRIDGE STREET |
| 11 May 2022 | £256,687 | £250,000 | 180 NEW BRIDGE STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Mar 2016. Using an estimated price of £135,438 means this house is valued at £1,758 per sq meter (£163 per sq foot).
The average size of a house on BEADNELL PLACE is 97 sq meters (1,050 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beadnell Place |
| Jul 2024 | Other theft | Under investigation | On or near Beadnell Place |
| Jun 2024 | Other theft | Under investigation | On or near Beadnell Place |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Wretham Place |
| Sep 2024 | Anti-social behaviour | On or near Wretham Place |