£220,830
This estimated value is based upon the latest sale price for the house of £182,000 on 20 Mar 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 |
---|---|
£182,000 | 20 Mar 2020 |
£51,000 | 22 Jul 1996 |
Terraced |
Freehold |
Floor Area: 57 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £182,000 results in an estimated price of approximately £220,830.
20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £182,000 | £38,830 | £220,830 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 80.038 % | £145,669 | £327,669 |
3 Month Average | 42.660 % | £77,641 | £259,641 |
6 Month Average | 21.301 % | £38,768 | £220,768 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £485,000 | £485,000 | 7 NORTH RIDGE |
4 Oct 2023 | £573,014 | £560,000 | 40 NORTH RIDGE |
28 Apr 2023 | £214,003 | £210,000 | 18 BERRISHILL GROVE |
21 Apr 2023 | £351,576 | £345,000 | 2 ASHBURY |
22 Feb 2023 | £453,026 | £450,000 | 15 THE RIDINGS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Dec 2019. Using an estimated price of £220,830 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on BERRISHILL GROVE is 81 sq meters (880 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berrishill Grove |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berrishill Grove |
Oct 2024 | Anti-social behaviour | On or near Ashbury | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashbury |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Ashbury |