£336,659
This estimated value is based upon the latest sale price for the house of £174,950 on 16 Jul 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £174,950 | 16 Jul 2004 |
| £75,500 | 14 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 July 2004 the House Price Index for TYNE AND WEAR was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £174,950 results in an estimated price of approximately £336,659.
| 16 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £174,950 | £161,709 | £336,659 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -3.106 % | £-5,433 | £169,516 |
| 3 Month Average | 3.782 % | £6,616 | £181,566 |
| 6 Month Average | 28.729 % | £50,261 | £225,211 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 16 Jan 2016.
The average size of a house on BEDE BURN ROAD is 165 sq meters (1,784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Suffolk Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrey Street |
| Jan 2024 | Anti-social behaviour | On or near Sussex Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sussex Street |