£104,344
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 24 Apr 2020 |
| £70,000 | 18 Dec 2015 |
| £72,000 | 25 Jun 2010 |
| £32,500 | 22 Mar 2002 |
| £31,000 | 26 Mar 1999 |
| Terraced |
| 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 April 2020 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £85,000 results in an estimated price of approximately £104,344.
| 24 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £85,000 | £19,344 | £104,344 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 16.957 % | £14,413 | £99,413 |
| 3 Month Average | 9.323 % | £7,924 | £92,924 |
| 6 Month Average | 16.756 % | £14,242 | £99,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £87,173 | £86,000 | 1 BEAMISH GARDENS |
| 20 Jul 2023 | £136,842 | £135,000 | 7 HAMSTERLEY CRESCENT |
| 21 Apr 2023 | £121,306 | £120,000 | 76 RUGBY GARDENS |
| 22 Mar 2023 | £116,094 | £115,000 | 18 SHINCLIFFE GARDENS |
| 22 Jul 2022 | £140,378 | £140,000 | 5 HAMSTERLEY CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Jan 2020. Using an estimated price of £104,344 means this house is valued at £1,449 per sq meter (£134 per sq foot).
The average size of a house on BEAMISH GARDENS is 112 sq meters (1,205 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Beamish Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Beamish Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Beamish Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Beamish Gardens | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |