£32,714
This estimated value is based upon the latest sale price for the house of £12,900 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£12,900 | 20 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2002 the House Price Index for TYNE AND WEAR was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £12,900 results in an estimated price of approximately £32,714.
20 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £12,900 | £19,814 | £32,714 |
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 | 147.246 % | £18,994 | £31,894 |
3 Month Average | 181.796 % | £23,451 | £36,351 |
6 Month Average | 190.057 % | £24,517 | £37,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2023 | £131,774 | £130,000 | 2 BENWELL GRANGE AVENUE |
1 Jun 2023 | £40,489 | £39,999 | 23 ST JAMES CRESCENT |
1 Jun 2023 | £65,797 | £65,000 | 21 ST JAMES CRESCENT |
1 Jun 2023 | £40,489 | £39,999 | 25 ST JAMES CRESCENT |
28 Apr 2023 | £50,544 | £50,000 | 106 BILBROUGH GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Aug 2020. Using an estimated price of £32,714 means this house is valued at £584 per sq meter (£54 per sq foot).
The average size of a house on BILBROUGH GARDENS is 64 sq meters (695 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Bilbrough Gardens | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bilbrough Gardens |
Jan 2024 | Anti-social behaviour | On or near Bilbrough Gardens | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bilbrough Gardens |
Jan 2024 | Anti-social behaviour | On or near Bilbrough Gardens |