£108,991
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Jun 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 22 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £90,000 results in an estimated price of approximately £108,991.
| 22 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £90,000 | £18,991 | £108,991 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 100.877 % | £90,789 | £180,789 |
| 3 Month Average | 35.946 % | £32,351 | £122,351 |
| 6 Month Average | 22.604 % | £20,343 | £110,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £83,969 | £82,500 | 26 BOGNOR STREET |
| 4 Dec 2023 | £147,582 | £145,000 | 31 BINGLEY STREET |
| 25 Aug 2023 | £96,847 | £96,000 | 1 BEXHILL ROAD |
| 2 Jun 2023 | £137,668 | £136,000 | 26 BELGRADE CRESCENT |
| 3 Apr 2023 | £108,165 | £107,000 | 18 BERGEN STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Jan 2020. Using an estimated price of £108,991 means this house is valued at £1,946 per sq meter (£180 per sq foot).
The average size of a house on BELGRADE CRESCENT is 118 sq meters (1,275 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Berwick Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Borodin Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Borodin Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Borodin Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Borodin Avenue |