£393,197
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Jan 2020. 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 Birch Court
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| Price Paid | Date |
|---|---|
| £320,000 | 7 Jan 2020 |
| £270,000 | 22 Nov 2013 |
| £300,000 | 21 Nov 2013 |
| £238,000 | 31 Mar 2005 |
| £154,950 | 21 Sep 2001 |
| £107,500 | 13 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £320,000 results in an estimated price of approximately £393,197.
| 7 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £320,000 | £73,197 | £393,197 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 27.734 % | £88,747 | £408,747 |
| 3 Month Average | 15.971 % | £51,107 | £371,107 |
| 6 Month Average | -3.444 % | £-11,020 | £308,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £325,000 | £325,000 | 15 NOIRMONT WAY |
| 1 Mar 2024 | £281,830 | £277,500 | 18 CORBIERE CLOSE |
| 23 Oct 2023 | £235,345 | £230,000 | 7 DEANSFIELD CLOSE |
| 31 Aug 2023 | £281,069 | £276,000 | 23 NOIRMONT WAY |
| 25 Aug 2023 | £280,051 | £275,000 | 23 CORBIERE CLOSE |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 10 Aug 2019. Using an estimated price of £393,198 means this house is valued at £2,312 per sq meter (£214 per sq foot).
The average size of a house on WOODLAND RISE is 196 sq meters (2,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Birch Court |
| Jul 2024 | Shoplifting | Under investigation | On or near Birch Court |
| Jul 2024 | Shoplifting | Under investigation | On or near Birch Court |
| Jul 2024 | Burglary | Under investigation | On or near Birch Court |
| Jul 2024 | Shoplifting | Under investigation | On or near Birch Court |