£519,272
This estimated value is based upon the latest sale price for the house of £345,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £345,000 | 19 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £345,000 results in an estimated price of approximately £519,272.
| 19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £345,000 | £174,272 | £519,272 |
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 | -1.175 % | £-4,054 | £340,945 |
| 3 Month Average | 3.208 % | £11,068 | £356,068 |
| 6 Month Average | 18.238 % | £62,921 | £407,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £322,338 | £318,000 | 2 BLENKINSOP MEWS |
| 2 Jun 2023 | £288,495 | £285,000 | 65 NETHERWITTON WAY |
| 3 Feb 2023 | £274,815 | £275,000 | 3 SHARPERTON DRIVE |
| 9 Jun 2022 | £476,737 | £470,000 | 14 NETHERWITTON WAY |
| 5 Apr 2022 | £463,410 | £450,000 | 27 NETHERWITTON WAY |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 2 Apr 2014. Using an estimated price of £519,273 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on BLENKINSOPP MEWS is 143 sq meters (1,545 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Blenkinsop Mews |
| Feb 2024 | Other crime | Under investigation | On or near Blenkinsop Mews |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blenkinsop Mews |