£201,991
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 27 Mar 2018 |
£95,000 | 11 May 2017 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £160,000 results in an estimated price of approximately £201,991.
27 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £160,000 | £41,991 | £201,991 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 20.931 % | £33,490 | £193,490 |
3 Month Average | 21.306 % | £34,089 | £194,089 |
6 Month Average | 26.753 % | £42,804 | £202,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £211,789 | £209,950 | 33 BROADMAYNE AVENUE |
18 Aug 2023 | £162,939 | £160,000 | 60 THE BROADWAY |
29 Jul 2022 | £232,277 | £229,950 | 25 THE BROADWAY |
8 Jan 2022 | £137,773 | £129,950 | 1 NORTH HALL ROAD |
30 Oct 2020 | £189,083 | £160,000 | 22 BRIERFIELD GROVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Feb 2017. Using an estimated price of £201,991 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on BRIERFIELD GROVE is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Possession of weapons | Awaiting court outcome | On or near North Hall Road |
May 2024 | Other crime | Awaiting court outcome | On or near North Hall Road |
May 2024 | Violence and sexual offences | Under investigation | On or near North Hall Road |
Aug 2024 | Anti-social behaviour | On or near The Broadway | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |