£395,491
This estimated value is based upon the latest sale price for the house of £229,000 on 26 May 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Bygate Road
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| Price Paid | Date |
|---|---|
| £229,000 | 26 May 2011 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £229,000 results in an estimated price of approximately £395,491.
| 26 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £229,000 | £166,491 | £395,491 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 38.855 % | £88,977 | £317,977 |
| 3 Month Average | 23.914 % | £54,763 | £283,763 |
| 6 Month Average | 22.044 % | £50,480 | £279,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £695,294 | £685,000 | 22A BEVERLEY ROAD |
| 7 Aug 2023 | £297,604 | £295,000 | 26 BYGATE COURT CHAPEL LANE |
| 22 Jun 2023 | £167,023 | £165,000 | 21 BYGATE COURT CHAPEL LANE |
| 28 Jan 2022 | £432,540 | £411,000 | 14 ST GEORGES CRESCENT |
| 5 Nov 2021 | £300,120 | £277,500 | 8 CHURCHILL COURT |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Aug 2017. Using an estimated price of £395,492 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on BYGATE ROAD is 126 sq meters (1,366 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bygate Road |
| Mar 2024 | Anti-social behaviour | On or near Coronation Crescent | |
| Mar 2024 | Shoplifting | Under investigation | On or near Churchill Court |
| Mar 2024 | Shoplifting | Under investigation | On or near Churchill Court |
| Mar 2024 | Shoplifting | Under investigation | On or near Churchill Court |