£82,005
This estimated value is based upon the latest sale price for the house of £66,000 on 25 Jul 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 |
|---|---|
| £66,000 | 25 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £66,000 results in an estimated price of approximately £82,005.
| 25 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £66,000 | £16,005 | £82,005 |
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 | -33.207 % | £-21,916 | £44,083 |
| 3 Month Average | -6.439 % | £-4,249 | £61,750 |
| 6 Month Average | -1.516 % | £-1,000 | £64,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £121,051 | £120,000 | 13 SOUTHBURN CLOSE |
| 25 Oct 2023 | £122,738 | £119,950 | 48 FOUNTAINS CRESCENT |
| 25 Sep 2023 | £133,953 | £131,000 | 125 ABBEY DRIVE |
| 25 Aug 2023 | £112,020 | £110,000 | 152 ABBEY DRIVE |
| 28 Jun 2023 | £81,636 | £80,000 | 35 BURNSIDE AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Nov 2017. Using an estimated price of £82,005 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on SHERBURN GROVE is 110 sq meters (1,193 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sherburn Grove |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sherburn Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burnside Avenue |
| Jul 2024 | Theft from the person | Under investigation | On or near Burnside Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Burnside Avenue |