£301,220
This estimated value is based upon the latest sale price for the house of £176,000 on 3 Dec 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £176,000 | 3 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 819 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 2010 the House Price Index for TYNE AND WEAR was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £176,000 results in an estimated price of approximately £301,220.
| 3 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £176,000 | £125,220 | £301,220 |
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 | 40.926 % | £72,030 | £248,030 |
| 3 Month Average | 18.602 % | £32,738 | £208,738 |
| 6 Month Average | 18.883 % | £33,233 | £209,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £288,640 | £290,000 | 19 BRACKENPETH MEWS |
| 24 Jun 2022 | £451,379 | £445,000 | 17 BRACKENPETH MEWS |
| 10 May 2022 | £494,314 | £485,000 | 5 BRACKENPETH MEWS |
| 6 Apr 2022 | £370,728 | £360,000 | 30 GREENFIELD ROAD |
| 18 Mar 2022 | £322,278 | £311,000 | 6 KIRKWOOD PLACE |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 14 Aug 2009. Using an estimated price of £301,221 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on SOUTH BEND is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Bend |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Branckenpeth Mews |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Branckenpeth Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Milford Gardens |