£217,656
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Jul 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 |
|---|---|
| £180,000 | 21 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £180,000 results in an estimated price of approximately £217,656.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £180,000 | £37,656 | £217,656 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -75.147 % | £-135,264 | £44,735 |
| 3 Month Average | -30.109 % | £-54,195 | £125,804 |
| 6 Month Average | -12.508 % | £-22,514 | £157,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £96,296 | £95,000 | 22 PEARTREE MEWS TUNSTALL ROAD |
| 3 Mar 2023 | £109,027 | £108,000 | 15 BELLE VUE CRESCENT |
| 3 Mar 2023 | £109,027 | £108,000 | 15A BELLE VUE CRESCENT |
| 30 Aug 2022 | £324,128 | £325,000 | 5 HOLMLANDS PARK NORTH |
| 12 Jul 2022 | £220,594 | £220,000 | 14 BELLE VUE CRESCENT |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 8 May 2020. Using an estimated price of £217,656 means this house is valued at £1,121 per sq meter (£104 per sq foot).
The average size of a house on BELLE VUE ROAD is 151 sq meters (1,627 sq feet).
This house is the largest in the street with a floor area of 194 sq meters (2,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Belle Vue Road |
| Mar 2024 | Anti-social behaviour | On or near Meadow Vale | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Vale |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Meadow Vale |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Vale |