£228,524
This estimated value is based upon the latest sale price for the house of £185,000 on 11 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£185,000 | 11 Feb 2019 |
Terraced |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £185,000 results in an estimated price of approximately £228,524.
11 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £185,000 | £43,524 | £228,524 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 24.576 % | £45,466 | £230,466 |
3 Month Average | 9.860 % | £18,241 | £203,241 |
6 Month Average | 11.843 % | £21,910 | £206,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £151,943 | £150,000 | 70 HADLEIGH ROAD |
4 Sep 2023 | £206,642 | £204,000 | 18 THE BROADWAY |
10 Aug 2023 | £141,236 | £140,000 | 32 BROADMAYNE AVENUE |
20 Jul 2023 | £146,978 | £145,000 | 26 BROADMAYNE AVENUE |
30 Jun 2023 | £121,471 | £120,000 | 69 HEXHAM ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 20 Sep 2013. Using an estimated price of £228,525 means this house is valued at £1,936 per sq meter (£179 per sq foot).
The average size of a house on BRIERFIELD GROVE is 92 sq meters (997 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Broadmayne Avenue | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hexham Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hexham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hart Square |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Square |