£511,931
This estimated value is based upon the latest sale price for the house of £375,000 on 24 Feb 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 |
|---|---|
| £375,000 | 24 Feb 2016 |
| £290,000 | 10 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 February 2016 the House Price Index for TYNE AND WEAR was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £375,000 results in an estimated price of approximately £511,931.
| 24 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £375,000 | £136,931 | £511,931 |
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 | 47.134 % | £176,751 | £551,751 |
| 3 Month Average | -0.151 % | £-564 | £374,435 |
| 6 Month Average | 12.379 % | £46,420 | £421,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £396,064 | £391,000 | 27 EASTCLIFFE AVENUE |
| 21 Jul 2023 | £212,865 | £210,000 | 24 EASTCLIFFE AVENUE |
| 1 Jun 2022 | £432,107 | £426,000 | 100 MONTAGU AVENUE |
| 4 Mar 2022 | £373,054 | £360,000 | 19 BEECHCROFT KENTON ROAD |
| 18 Feb 2022 | £403,747 | £385,000 | 24 KENTON AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 29 Dec 2015. Using an estimated price of £511,932 means this house is valued at £4,062 per sq meter (£377 per sq foot).
The average size of a house on BEECHCROFT AVENUE is 137 sq meters (1,482 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechcroft Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Eastcliffe Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakhurst Drive |
| Mar 2024 | Anti-social behaviour | On or near Carlton Grange | |
| Feb 2024 | Anti-social behaviour | On or near Carlton Grange |