5, BROOKFIELD, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0BJ - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BROOKFIELD is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £322,803. It was last sold for £245,000 in February 2019, which was around 13% below the average February 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

5 BROOKFIELD Sold Prices

Land registry data shows three sales for 5 BROOKFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Two of the three 5 BROOKFIELD sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 22 FEB	£245,000	£282,823	13% below HPI
2004 5 NOV	£226,000	£213,372	6% above HPI
2004 27 JUL	£210,000	£211,876	1% below HPI

5 BROOKFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 5 BROOKFIELD sales between July 2004 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 BROOKFIELD be worth now?

5 BROOKFIELD might now be worth an estimated £322,803.

This is based on house price inflation of 31.8%, between February 2019 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.8% inflationary increase is applied to the most recent sale price for 5 BROOKFIELD of £245,000 on 22nd February 2019. For the value to have increased from £245,000 to £322,803 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 BROOKFIELD has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BROOKFIELD has not materially changed since February 2019.

How Large is 5 BROOKFIELD?

5 BROOKFIELD is 115m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 5 BROOKFIELD lies on this distribution: 51% of detached houses houses are smaller than 5 BROOKFIELD, and 48% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

5 BROOKFIELD: Plot and Title Map

5 BROOKFIELD sits on a plot of roughly 0.452 of an acre, or 1,828m². The below map shows the location of 5 BROOKFIELD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 BROOKFIELD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 BROOKFIELD?

5 BROOKFIELD is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 5 on BROOKFIELD.