BRAEMAR, VICTORIA AVENUE, NEWCASTLE UPON TYNE, NE12 8AX - £462,500

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.

BRAEMAR is a very large extended detached house of 215m², built sometime before 1900, which could now be worth an estimated £492,591. It was last sold for £462,500 in October 2022, which was around 32% above the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

BRAEMAR Sold Prices

Land registry data shows five sales for BRAEMAR since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the five BRAEMAR sales were 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
2022 13 OCT	£462,500	£349,874	32% above HPI
2011 8 APR	£315,000	£219,285	44% above HPI
2006 24 FEB	£315,000	£226,327	39% above HPI
2001 23 MAR	£173,000	£102,652	69% above HPI
1999 12 AUG	£89,950	£87,810	2% above HPI

BRAEMAR 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 five BRAEMAR sales between August 1999 and October 2022 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 April 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might BRAEMAR be worth now?

BRAEMAR might now be worth an estimated £492,591.

This is based on house price inflation of 6.5%, between October 2022 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 6.5% inflationary increase is applied to the most recent sale price for BRAEMAR of £462,500 on 13th October 2022. For the value to have increased from £462,500 to £492,591 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of BRAEMAR has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2022 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of BRAEMAR has not materially changed since October 2022.

How Large is BRAEMAR?

BRAEMAR is 215m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longbenton, and where BRAEMAR lies on this distribution: 98% of detached houses houses are smaller than BRAEMAR, and 2% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

BRAEMAR: Plot and Title Map

BRAEMAR sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of BRAEMAR, 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 BRAEMAR). 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 BRAEMAR?

BRAEMAR is located on VICTORIA AVENUE in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of BRAEMAR on VICTORIA AVENUE.