£264,558
This estimated value is based upon the latest sale price for the house of £265,100 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £265,100 | 30 Jun 2023 |
| £228,000 | 26 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £265,100 results in an estimated price of approximately £264,558.
| 30 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £265,100 | £-541 | £264,558 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -3.229 % | £-8,560 | £256,539 |
| 3 Month Average | -2.471 % | £-6,551 | £258,548 |
| 6 Month Average | 19.347 % | £51,288 | £316,388 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Mar 2020.
The average size of a house on BEECHWOOD GARDENS is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Thornwood Gardens |
| Dec 2023 | Burglary | Under investigation | On or near Pinewood Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beechwood Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmwood Gardens |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Elmwood Gardens |