£225,147
This estimated value is based upon the latest sale price for the house of £183,500 on 16 Sep 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 |
|---|---|
| £183,500 | 16 Sep 2019 |
| £150,000 | 10 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £183,500 results in an estimated price of approximately £225,147.
| 16 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £183,500 | £41,647 | £225,147 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 74.750 % | £137,166 | £320,666 |
| 3 Month Average | 21.540 % | £39,526 | £223,026 |
| 6 Month Average | 15.195 % | £27,883 | £211,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £225,382 | £222,500 | 7 GARSTIN CLOSE |
| 18 Aug 2023 | £337,957 | £335,000 | 8 KILBURNE CLOSE |
| 30 Jun 2023 | £364,414 | £360,000 | 6 SHAWBROW CLOSE |
| 30 Jun 2023 | £576,989 | £570,000 | 14 SHAWBROW CLOSE |
| 19 Jun 2023 | £313,801 | £310,000 | 5 SHAWBROW CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 28 Oct 2014. Using an estimated price of £225,148 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on GARSTIN CLOSE is 106 sq meters (1,142 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bramley Court | |
| Feb 2024 | Anti-social behaviour | On or near Bramley Court | |
| Feb 2024 | Anti-social behaviour | On or near Bramley Court | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bramley Court |
| Feb 2024 | Anti-social behaviour | On or near Bramley Court |