£343,685
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £215,000 | 17 Dec 2013 |
| £215,000 | 1 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £215,000 results in an estimated price of approximately £343,685.
| 17 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.0 | 59.854 % | £215,000 | £128,685 | £343,685 |
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 | -11.770 % | £-25,306 | £189,693 |
| 3 Month Average | 23.147 % | £49,765 | £264,765 |
| 6 Month Average | 18.749 % | £40,309 | £255,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £277,059 | £275,000 | 27 BEECHWOOD AVENUE |
| 7 Feb 2023 | £243,847 | £245,000 | 1 BEECHWOOD AVENUE |
| 4 Oct 2022 | £355 | £360 | 7 ROTHERFIELD GARDENS |
| 15 Jul 2022 | £249,663 | £250,000 | 13 BIRCHFIELD GARDENS |
| 8 Apr 2022 | £256,410 | £250,000 | 12 FLEXBURY GARDENS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Sep 2016. Using an estimated price of £343,685 means this house is valued at £3,695 per sq meter (£343 per sq foot).
The average size of a house on BIRCHFIELD GARDENS is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Ashwood Gardens |
| Mar 2024 | Anti-social behaviour | On or near Stocksfield Gardens | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stocksfield Gardens |
| Mar 2024 | Anti-social behaviour | On or near Stocksfield Gardens | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stocksfield Gardens |