£782,883
This estimated value is based upon the latest sale price for the house of £650,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£650,000 | 6 Mar 2020 |
Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £650,000 results in an estimated price of approximately £782,883.
6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £650,000 | £132,883 | £782,883 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 45.294 % | £294,411 | £944,411 |
3 Month Average | -23.853 % | £-155,041 | £494,958 |
6 Month Average | -9.176 % | £-59,640 | £590,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £163,085 | £161,000 | 2 ORCHARD PLACE |
31 Aug 2023 | £484,236 | £480,000 | 62 BUSTON TERRACE |
11 Aug 2023 | £148,297 | £147,000 | 16 ORCHARD PLACE |
2 Jun 2023 | £217,181 | £214,550 | 46 SHORTRIDGE TERRACE |
10 Mar 2023 | £224,616 | £222,500 | 43 BUSTON TERRACE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 2 May 2019. Using an estimated price of £782,884 means this house is valued at £4,744 per sq meter (£440 per sq foot).
The average size of a house on BRAMLEY CHASE is 242 sq meters (2,604 sq feet).
This house is the smallest in the street with a floor area of 165 sq meters (1,776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Buston Terrace | |
Jan 2024 | Anti-social behaviour | On or near Buston Terrace | |
Jan 2024 | Anti-social behaviour | On or near Buston Terrace | |
Dec 2023 | Anti-social behaviour | On or near Buston Terrace | |
Dec 2023 | Anti-social behaviour | On or near Buston Terrace |