£306,611
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Nov 2019. 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 Musgrave Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 14 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £250,000 results in an estimated price of approximately £306,611.
| 14 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £250,000 | £56,611 | £306,611 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -10.593 % | £-26,482 | £223,517 |
| 3 Month Average | 16.456 % | £41,139 | £291,139 |
| 6 Month Average | 14.920 % | £37,300 | £287,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2022 | £260,702 | £260,000 | 91 DRYDEN ROAD |
| 8 Mar 2022 | £248,651 | £239,950 | 99 DRYDEN ROAD |
| 18 Oct 2021 | £279,386 | £252,500 | 111 DRYDEN ROAD |
| 28 Sep 2021 | £290,950 | £270,000 | 5 LABURNUM GARDENS |
| 17 Sep 2021 | £255,928 | £237,500 | 46 EASTWOOD GARDENS |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 1 Sep 2017. Using an estimated price of £306,611 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on MUSGRAVE ROAD is 140 sq meters (1,511 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Musgrave Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Musgrave Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dryden Road |
| Apr 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Gardens |