£83,498
This estimated value is based upon the latest sale price for the house of £57,500 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £57,500 | 12 Jun 2015 |
| £59,950 | 9 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £57,500 results in an estimated price of approximately £83,498.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £57,500 | £25,998 | £83,498 |
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 | 31.507 % | £18,116 | £75,616 |
| 3 Month Average | 8.296 % | £4,769 | £62,269 |
| 6 Month Average | 13.838 % | £7,956 | £65,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £80,981 | £80,000 | 258 BAXTERWOOD COURT STANHOPE STREET |
| 2 Jun 2023 | £80,981 | £80,000 | 180A CLAREWOOD COURT STANHOPE STREET |
| 5 Apr 2023 | £50,544 | £50,000 | 65 NORTHCOTE STREET |
| 6 May 2022 | £45,864 | £45,000 | 9 PROSPECT COURT |
| 20 Apr 2022 | £90,107 | £87,500 | 82 BEACONSFIELD STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Nov 2019. Using an estimated price of £83,499 means this house is valued at £1,415 per sq meter (£131 per sq foot).
There is one other house on the street which we know the size of, this is 20 BEECHBURN WALK it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Beechburn Walk |
| Feb 2024 | Other theft | Under investigation | On or near Beechburn Walk |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beechburn Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Liddle Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Liddle Road |