£148,099
This estimated value is based upon the latest sale price for the house of £119,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £119,000 | 22 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £119,000 results in an estimated price of approximately £148,099.
| 22 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £119,000 | £29,099 | £148,099 |
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 | 27.206 % | £32,375 | £151,375 |
| 3 Month Average | 9.569 % | £11,387 | £130,387 |
| 6 Month Average | 19.554 % | £23,269 | £142,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £225,730 | £220,000 | 5 GLAMIS AVENUE |
| 17 Nov 2023 | £214,443 | £209,000 | 76 BIRCHBERRY CLOSE |
| 30 Jun 2023 | £251,031 | £246,000 | 105 THE BROADWAY |
| 23 Mar 2023 | £96,613 | £95,000 | 8 THE GREENWAY |
| 17 Feb 2023 | £161,076 | £160,000 | 111 THE BROADWAY |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 11 Oct 2018. Using an estimated price of £148,099 means this house is valued at £3,151 per sq meter (£292 per sq foot).
The average size of a house on BIRCHBERRY CLOSE is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Birchberry Close | |
| Jul 2024 | Anti-social behaviour | On or near Birchberry Close | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchberry Close |
| Jul 2024 | Anti-social behaviour | On or near Birchberry Close | |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Birchberry Close |