£279,034
This estimated value is based upon the latest sale price for the house of £231,000 on 12 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Linden Grove
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| Price Paid | Date |
|---|---|
| £231,000 | 12 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £231,000 results in an estimated price of approximately £279,034.
| 12 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £231,000 | £48,034 | £279,034 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -15.720 % | £-36,313 | £194,686 |
| 3 Month Average | 6.714 % | £15,510 | £246,510 |
| 6 Month Average | 9.355 % | £21,609 | £252,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £118,646 | £115,000 | 147 DAIRY LANE |
| 6 Oct 2023 | £102,324 | £100,000 | 110 BURN PARK ROAD |
| 8 Sep 2023 | £68,510 | £67,000 | 27 GILPIN STREET |
| 30 Jun 2023 | £153,067 | £150,000 | 27 FINCHALE CLOSE |
| 28 Apr 2023 | £78,468 | £77,000 | 72 BURN PARK ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 30 Jan 2020. Using an estimated price of £279,035 means this house is valued at £1,423 per sq meter (£132 per sq foot).
The average size of a house on LINDEN GROVE is 157 sq meters (1,695 sq feet).
This house is the largest in the street with a floor area of 196 sq meters (2,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Linden Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Oval |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Larch Avenue |