£206,160
This estimated value is based upon the latest sale price for the house of £120,000 on 21 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 613 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 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £120,000 results in an estimated price of approximately £206,160.
| 21 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £120,000 | £86,160 | £206,160 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 40.637 % | £48,763 | £168,763 |
| 3 Month Average | 50.179 % | £60,214 | £180,214 |
| 6 Month Average | 44.751 % | £53,700 | £173,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £317,204 | £310,000 | 27 THE CHESTERS |
| 30 Jun 2023 | £216,335 | £212,000 | 7 BRACKNELL GARDENS |
| 31 Mar 2023 | £201,363 | £198,000 | 105 CHAPEL HOUSE DRIVE |
| 27 Jan 2023 | £220,589 | £220,000 | 12 BEDFORD PLACE |
| 27 Jan 2023 | £226,555 | £225,950 | 12 BRACKNELL GARDENS |
This house has a floor area of 56 sq meters or 613 sq feet when measured on 9 Dec 2011. Using an estimated price of £206,160 means this house is valued at £3,618 per sq meter (£336 per sq foot).
The average size of a house on BROOKFIELD CRESCENT is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Bracknell Gardens |