£224,090
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Sep 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Sep 2015 |
| £115,000 | 31 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2015 the House Price Index for TYNE AND WEAR was 104.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 40.057%.Applying this 40.057% change to the original purchase price of £160,000 results in an estimated price of approximately £224,090.
| 25 Sep 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 146.7 | 40.057 % | £160,000 | £64,090 | £224,090 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 9.476 % | £15,160 | £175,160 |
| 3 Month Average | 21.099 % | £33,759 | £193,759 |
| 6 Month Average | 18.506 % | £29,609 | £189,609 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Apr 2014.
The average size of a house on BENSHAM COURT is 112 sq meters (1,212 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Bensham Court |
| Dec 2023 | Other theft | Under investigation | On or near Bensham Court |
| Mar 2024 | Anti-social behaviour | On or near Windlass Court | |
| Mar 2024 | Anti-social behaviour | On or near Bankside Lane | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bankside Lane |