£113,570
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 15 Aug 2003 |
| £23,000 | 29 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 August 2003 the House Price Index for TYNE AND WEAR was 64.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 127.141%.Applying this 127.141% change to the original purchase price of £50,000 results in an estimated price of approximately £113,570.
| 15 Aug 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 146.7 | 127.141 % | £50,000 | £63,570 | £113,570 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 41.920 % | £20,959 | £70,959 |
| 3 Month Average | 81.015 % | £40,507 | £90,507 |
| 6 Month Average | 110.589 % | £55,294 | £105,294 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Jan 2015.
The average size of a house on BROOKLAND TERRACE is 64 sq meters (693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near New York Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near New York Road |
| Feb 2024 | Other crime | Under investigation | On or near Mafeking Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Murton Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Murton Lane |