£250,278
This estimated value is based upon the latest sale price for the house of £185,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 12 May 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 May 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £185,000 results in an estimated price of approximately £250,278.
| 12 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £185,000 | £65,278 | £250,278 |
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 | 7.982 % | £14,766 | £199,766 |
| 3 Month Average | 4.605 % | £8,519 | £193,519 |
| 6 Month Average | 1.233 % | £2,281 | £187,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2022 | £190,893 | £190,000 | 7 BOWBANK CLOSE |
| 1 Jul 2022 | £194,448 | £192,500 | 3 FROSTERLEY GARDENS |
| 10 Jun 2022 | £235,024 | £230,000 | 4 BOWBANK CLOSE |
| 8 Feb 2022 | £190,162 | £180,000 | 8 BRENTWOOD GARDENS |
| 12 Nov 2021 | £315,906 | £289,950 | 30 ST NICHOLAS AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 May 2015. Using an estimated price of £250,278 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on BRAEMAR GARDENS is 168 sq meters (1,815 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brentwood Gardens |
| May 2024 | Drugs | Under investigation | On or near Brentwood Gardens |
| Jul 2024 | Anti-social behaviour | On or near Bollihope Drive | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buxton Gardens |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near St Nicholas Avenue |