£538,863
This estimated value is based upon the latest sale price for the house of £430,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£430,000 | 16 Mar 2018 |
£425,000 | 13 Sep 2017 |
£390,000 | 17 Dec 2007 |
£68,000 | 11 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £430,000 results in an estimated price of approximately £538,863.
16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £430,000 | £108,863 | £538,863 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 20.662 % | £88,847 | £518,847 |
3 Month Average | 2.292 % | £9,853 | £439,853 |
6 Month Average | 12.768 % | £54,900 | £484,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £329,884 | £325,000 | 19 NORTHFIELD ROAD |
11 Jul 2023 | £309,161 | £305,000 | 6 NORTHFIELD ROAD |
6 Apr 2023 | £166,796 | £165,000 | 251 SALTERS ROAD |
28 Feb 2023 | £204,862 | £205,000 | 217 SALTERS ROAD |
28 Feb 2023 | £204,862 | £205,000 | 219 SALTERS ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 9 May 2017. Using an estimated price of £538,863 means this house is valued at £3,742 per sq meter (£347 per sq foot).
The average size of a house on BRIARFIELD ROAD is 113 sq meters (1,224 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Brackenfield Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Northfield Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Northfield Road |
Feb 2024 | Anti-social behaviour | On or near Salters' Road | |
Feb 2024 | Anti-social behaviour | On or near Salters' Road |