£401,744
This estimated value is based upon the latest sale price for the house of £325,000 on 22 May 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 |
---|---|
£325,000 | 22 May 2019 |
£300,000 | 20 Feb 2017 |
£215,000 | 11 Jul 2008 |
£78,500 | 18 Apr 1997 |
£69,500 | 27 Oct 1995 |
Terraced |
Freehold |
Floor Area: 146 sq meters or 1,571 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £325,000 results in an estimated price of approximately £401,744.
22 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £325,000 | £76,744 | £401,744 |
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 | -22.133 % | £-71,931 | £253,068 |
3 Month Average | 6.348 % | £20,630 | £345,630 |
6 Month Average | 11.294 % | £36,704 | £361,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £233,456 | £230,000 | 1 BELLE VUE GROVE |
22 Jun 2023 | £409,966 | £405,000 | 482 DURHAM ROAD |
9 Feb 2023 | £309,792 | £310,000 | 2 WHINNEY PARK DURHAM ROAD |
20 Jan 2023 | £119,437 | £120,000 | 3 BELLE VUE GROVE |
25 Apr 2022 | £463,410 | £450,000 | 6 WHINNEY HOUSE DURHAM ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 25 Sep 2015. Using an estimated price of £401,745 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on PRIMROSE PLACE is 160 sq meters (1,725 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Park |
Mar 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Mar 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Jan 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Jan 2024 | Anti-social behaviour | On or near Belle Vue Grove |