£172,182
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Birnham Place
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Price Paid | Date |
---|---|
£115,000 | 7 Nov 2014 |
£120,000 | 24 Jul 2006 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £115,000 results in an estimated price of approximately £172,182.
7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £115,000 | £57,182 | £172,182 |
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 | 14.669 % | £16,869 | £131,869 |
3 Month Average | 11.207 % | £12,887 | £127,887 |
6 Month Average | 17.811 % | £20,482 | £135,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £67,500 | £67,500 | 145 WYCLIFFE AVENUE |
10 Mar 2023 | £126,189 | £125,000 | 7 EARSDON ROAD |
18 Jan 2023 | £90,573 | £91,000 | 33 HIGH MEADOWS |
30 Jun 2022 | £172,437 | £170,000 | 2 MONTPELLIER PLACE |
31 May 2022 | £94,276 | £92,500 | 35 TENNYSON GREEN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Nov 2013. Using an estimated price of £172,183 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on BIRNHAM PLACE is 108 sq meters (1,163 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Birnham Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birnham Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birnham Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birnham Place |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birnham Place |