£160,116
This estimated value is based upon the latest sale price for the house of £33,500 on 20 Mar 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £33,500 | 20 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 1998 the House Price Index for TYNE AND WEAR was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £33,500 results in an estimated price of approximately £160,116.
| 20 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £33,500 | £126,616 | £160,116 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 137.904 % | £46,197 | £79,697 |
| 3 Month Average | 178.028 % | £59,639 | £93,139 |
| 6 Month Average | 193.319 % | £64,761 | £98,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £85,750 | £85,000 | 82 MELBOURNE GARDENS |
| 21 Jul 2023 | £111,501 | £110,000 | 42 AUSTRALIA GROVE |
| 14 Jul 2023 | £101,364 | £100,000 | 170 INVERNESS ROAD |
| 26 Jun 2023 | £78,956 | £78,000 | 175 INVERNESS ROAD |
| 26 Apr 2023 | £141,524 | £140,000 | 23 BRISBANE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Oct 2016. Using an estimated price of £160,117 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on BRISBANE AVENUE is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Gretna Drive |
| Mar 2024 | Anti-social behaviour | On or near Gretna Drive | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gretna Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gretna Drive |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Gretna Drive |