£331,528
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Feb 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£255,000 | 22 Feb 2017 |
£237,000 | 22 May 2015 |
Terraced |
Freehold |
Floor Area: 151 sq meters or 1,625 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 2017 the House Price Index for TYNE AND WEAR was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £255,000 results in an estimated price of approximately £331,528.
22 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £255,000 | £76,528 | £331,528 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 56.538 % | £144,171 | £399,171 |
3 Month Average | 9.103 % | £23,212 | £278,212 |
6 Month Average | 15.510 % | £39,550 | £294,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £73,791 | £72,500 | 26 SOUTH VIEW |
28 Jul 2023 | £162,183 | £160,000 | 27 BEECH GROVE TERRACE SOUTH |
31 Mar 2023 | £35,333 | £35,000 | 17 MOLLYFAIR CLOSE |
10 Jun 2022 | £102,448 | £101,000 | 2 BEECH GROVE TERRACE SOUTH |
6 May 2022 | £44,845 | £44,000 | 14 MOLLYFAIR CLOSE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 10 Feb 2014. Using an estimated price of £331,528 means this house is valued at £2,195 per sq meter (£203 per sq foot).
The average size of a house on BEECH GROVE TERRACE is 128 sq meters (1,383 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Main Street |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Main Street |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Main Street |
Feb 2024 | Anti-social behaviour | On or near Main Street | |
Feb 2024 | Anti-social behaviour | On or near Main Street |