£184,496
This estimated value is based upon the latest sale price for the house of £80,250 on 29 Sep 2003. 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 Bede Crescent
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| Price Paid | Date |
|---|---|
| £80,250 | 29 Sep 2003 |
| £80,250 | 29 Sep 2003 |
| £58,000 | 24 Aug 2001 |
| £38,500 | 14 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2003 the House Price Index for TYNE AND WEAR was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £80,250 results in an estimated price of approximately £184,496.
| 29 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £80,250 | £104,246 | £184,496 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 85.663 % | £68,744 | £148,994 |
| 3 Month Average | 76.022 % | £61,007 | £141,257 |
| 6 Month Average | 46.240 % | £37,107 | £117,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £85,745 | £85,000 | 22 CLEEVE COURT |
| 15 Dec 2023 | £152,692 | £148,000 | 39 BEDE CRESCENT |
| 30 Nov 2023 | £174,428 | £170,000 | 51 BEDE CRESCENT |
| 3 Nov 2023 | £159,037 | £155,000 | 4 BEDE CRESCENT |
| 22 Aug 2023 | £120,167 | £118,000 | 68 LANERCOST |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Sep 2014. Using an estimated price of £184,497 means this house is valued at £2,096 per sq meter (£194 per sq foot).
The average size of a house on BEDE CRESCENT is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bede Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bede Crescent |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Bede Crescent |
| Jul 2024 | Public order | Under investigation | On or near Bede Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bede Crescent |