£205,364
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£190,000 | 21 Jun 2021 |
£175,000 | 1 Oct 2015 |
£21,500 | 21 Aug 1998 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 882 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £190,000 results in an estimated price of approximately £205,364.
21 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £190,000 | £15,364 | £205,364 |
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 | 9.697 % | £18,424 | £208,424 |
3 Month Average | 14.827 % | £28,172 | £218,172 |
6 Month Average | -1.367 % | £-2,596 | £187,403 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £82,882 | £81,000 | 29 SPENCER TERRACE |
27 Oct 2023 | £317,204 | £310,000 | 27 THE CHESTERS |
29 Sep 2023 | £97,141 | £95,000 | 31 SPENCER TERRACE |
30 Jun 2023 | £218,376 | £214,000 | 17 BECKSIDE GARDENS |
30 Jun 2023 | £216,335 | £212,000 | 7 BRACKNELL GARDENS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Apr 2015. Using an estimated price of £205,365 means this house is valued at £2,504 per sq meter (£232 per sq foot).
The average size of a house on BECKSIDE GARDENS is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Beckside Gardens | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Beckside Gardens |
May 2024 | Anti-social behaviour | On or near Beckside Gardens | |
May 2024 | Anti-social behaviour | On or near Beckside Gardens | |
May 2024 | Anti-social behaviour | On or near Beckside Gardens |