£246,370
This estimated value is based upon the latest sale price for the house of £153,500 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£153,500 | 20 Dec 2013 |
£117,500 | 30 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £153,500 results in an estimated price of approximately £246,370.
20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £153,500 | £92,870 | £246,370 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 6.514 % | £9,998 | £163,498 |
3 Month Average | 17.593 % | £27,005 | £180,505 |
6 Month Average | 27.714 % | £42,540 | £196,040 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £216,624 | £214,000 | 17 BECKSIDE GARDENS |
30 Jun 2023 | £214,599 | £212,000 | 7 BRACKNELL GARDENS |
31 Mar 2023 | £199,883 | £198,000 | 105 CHAPEL HOUSE DRIVE |
17 Mar 2023 | £186,255 | £184,500 | 2 BECKSIDE GARDENS |
27 Jan 2023 | £224,891 | £225,950 | 12 BRACKNELL GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Dec 2012. Using an estimated price of £246,370 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on BRACKNELL GARDENS is 112 sq meters (1,215 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bracknell Gardens |
Mar 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bracknell Gardens |
Jan 2024 | Anti-social behaviour | On or near Bracknell Gardens | |
Jan 2024 | Public order | Under investigation | On or near Bracknell Gardens |