£86,468
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Feb 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 |
---|---|
£70,000 | 8 Feb 2019 |
£90,000 | 25 Apr 2008 |
£89,950 | 1 Dec 2006 |
£50,000 | 27 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £70,000 results in an estimated price of approximately £86,468.
8 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £70,000 | £16,468 | £86,468 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 22.817 % | £15,972 | £85,972 |
3 Month Average | -2.931 % | £-2,051 | £67,948 |
6 Month Average | 6.943 % | £4,859 | £74,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £214,307 | £212,000 | 105 SYDNEY GROVE |
30 Sep 2022 | £64,479 | £65,000 | 60 SYDNEY GROVE |
29 Jul 2022 | £93,853 | £93,600 | 25 SYDNEY GROVE |
8 Jul 2022 | £85,179 | £84,950 | 44 SYDNEY GROVE |
26 May 2022 | £198,235 | £194,500 | 59 THE RISINGS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 26 Jun 2018. Using an estimated price of £86,469 means this house is valued at £1,517 per sq meter (£140 per sq foot).
The average size of a house on SYDNEY GROVE is 73 sq meters (789 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hardy Grove |
Apr 2024 | Anti-social behaviour | On or near Sydney Grove | |
Mar 2024 | Vehicle crime | Under investigation | On or near Sydney Grove |
Feb 2024 | Anti-social behaviour | On or near Sydney Grove | |
Feb 2024 | Anti-social behaviour | On or near Sydney Grove |