£494,078
This estimated value is based upon the latest sale price for the house of £383,000 on 5 Jan 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £383,000 | 5 Jan 2017 |
| £360,000 | 31 Oct 2012 |
| £112,000 | 26 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 January 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £383,000 results in an estimated price of approximately £494,078.
| 5 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £383,000 | £111,078 | £494,078 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -42.222 % | £-161,711 | £221,288 |
| 3 Month Average | 11.541 % | £44,200 | £427,200 |
| 6 Month Average | 65.247 % | £249,896 | £632,896 |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 22 Jul 2016.
The average size of a house on BERKELEY CLOSE is 99 sq meters (1,076 sq feet).
This house is the largest in the street with a floor area of 200 sq meters (2,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evesham Close |
| Feb 2024 | Anti-social behaviour | On or near Winslow Close | |
| Feb 2024 | Anti-social behaviour | On or near Winslow Close | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langford Drive |
| Jan 2024 | Anti-social behaviour | On or near Station Road |