£92,748
This estimated value is based upon the latest sale price for the house of £80,000 on 4 Nov 2020. 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 Beech Grove Road
More crime details
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| Price Paid | Date |
|---|---|
| £80,000 | 4 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £80,000 results in an estimated price of approximately £92,748.
| 4 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £80,000 | £12,748 | £92,748 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -17.491 % | £-13,993 | £66,006 |
| 3 Month Average | -10.476 % | £-8,380 | £71,619 |
| 6 Month Average | 11.177 % | £8,941 | £88,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £126,189 | £125,000 | 37 WARRINGTON ROAD |
| 30 Jan 2023 | £54,742 | £55,000 | 28 BRITANNIA PLACE |
| 23 Nov 2022 | £174,388 | £176,500 | 14 BENTINCK CRESCENT |
| 22 Jul 2022 | £67,181 | £67,000 | 33 MARIE CURIE DRIVE |
| 27 Jun 2022 | £122,227 | £120,500 | 33 BRITANNIA PLACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 May 2020. Using an estimated price of £92,748 means this house is valued at £1,189 per sq meter (£110 per sq foot).
The average size of a house on BEECH GROVE ROAD is 187 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Beech Grove Road | |
| Mar 2024 | Other crime | Under investigation | On or near Beech Grove Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Beech Grove Road |
| Mar 2024 | Other crime | Under investigation | On or near Beech Grove Road |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Beech Grove Road |