£109,226
This estimated value is based upon the latest sale price for the house of £57,500 on 23 Dec 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£57,500 | 23 Dec 2004 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 December 2004 the House Price Index for TYNE AND WEAR was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £57,500 results in an estimated price of approximately £109,226.
23 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £57,500 | £51,726 | £109,226 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 86.413 % | £49,687 | £107,187 |
3 Month Average | 58.673 % | £33,736 | £91,236 |
6 Month Average | 44.215 % | £25,423 | £82,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £145,470 | £141,000 | 17 BEWICK PARK |
30 Nov 2023 | £159,037 | £155,000 | 20 BEWICK PARK |
30 Jun 2023 | £147,960 | £144,995 | 26 BEWICK PARK |
15 Jul 2022 | £131,316 | £130,000 | 38 BEWICK PARK |
27 Jun 2022 | £4,385 | £4,291 | 158 BEWICK PARK |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Sep 2012. Using an estimated price of £109,227 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on BEWICK PARK is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Bewick Park | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bewick Park |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bewick Park |
Jul 2024 | Anti-social behaviour | On or near Bewick Park | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bewick Park |