£277,345
This estimated value is based upon the latest sale price for the house of £155,000 on 25 Nov 2005. 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 Briarwood Avenue
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| Price Paid | Date |
|---|---|
| £155,000 | 25 Nov 2005 |
| £138,000 | 30 May 2003 |
| £58,500 | 19 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 November 2005 the House Price Index for TYNE AND WEAR was 82.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.933%.Applying this 78.933% change to the original purchase price of £155,000 results in an estimated price of approximately £277,345.
| 25 Nov 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 146.7 | 78.933 % | £155,000 | £122,345 | £277,345 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 32.228 % | £49,953 | £204,953 |
| 3 Month Average | 17.299 % | £26,813 | £181,813 |
| 6 Month Average | 25.720 % | £39,866 | £194,866 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Sep 2013.
There is one other house on the street which we know the size of, this is 8 BEECHWOOD AVENUE it is 78.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Briarwood Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Hollywood Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Hollywood Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywood Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Hollywood Avenue |