£79,008
This estimated value is based upon the latest sale price for the house of £14,000 on 4 Mar 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £14,000 | 4 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 March 1996 the House Price Index for TYNE AND WEAR was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £14,000 results in an estimated price of approximately £79,008.
| 4 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £14,000 | £65,008 | £79,008 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 146.404 % | £20,496 | £34,496 |
| 3 Month Average | 195.779 % | £27,409 | £41,409 |
| 6 Month Average | 172.630 % | £24,168 | £38,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £108,953 | £108,000 | 5 CROSSBY COURT |
| 21 Apr 2023 | £50,544 | £50,000 | 5 FINCHALE CLOSE |
| 21 Apr 2023 | £45,490 | £45,000 | 6 FINCHALE CLOSE |
| 31 Mar 2023 | £105,999 | £105,000 | 137 GRAY ROAD |
| 24 Feb 2023 | £94,936 | £95,000 | 139 GRAY ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 11 Oct 2013. Using an estimated price of £79,009 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on BRAMWELL ROAD is 64 sq meters (691 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Emma Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burlington Close |
| Mar 2024 | Other theft | Under investigation | On or near Finchale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Finchale Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Finchale Close |