£165,347
This estimated value is based upon the latest sale price for the house of £97,500 on 14 Jun 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£97,500 | 14 Jun 2010 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 894 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 June 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £97,500 results in an estimated price of approximately £165,347.
14 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.587 % | £97,500 | £67,847 | £165,347 |
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 | 7.953 % | £7,754 | £105,254 |
3 Month Average | 2.205 % | £2,150 | £99,650 |
6 Month Average | 18.958 % | £18,484 | £115,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £167,480 | £165,000 | 14 ROEBURN WAY |
26 Jul 2023 | £202,729 | £200,000 | 1 BRAEBRIDGE PLACE |
21 Jul 2023 | £182,456 | £180,000 | 21 MORNINGTON AVENUE |
6 Jun 2023 | £143,741 | £142,000 | 4 BRAEBRIDGE PLACE |
24 Feb 2023 | £152,897 | £153,000 | 20 CONISCLIFFE AVENUE |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 2 Sep 2009. Using an estimated price of £165,347 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on BRAEBRIDGE PLACE is 101 sq meters (1,094 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Roeburn Way |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Brookvale Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Brookvale Avenue |
Mar 2024 | Public order | Under investigation | On or near Mornington Avenue |
Mar 2024 | Other crime | Under investigation | On or near Mornington Avenue |