£101,603
This estimated value is based upon the latest sale price for the house of £61,000 on 19 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£61,000 | 19 Jun 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £61,000 results in an estimated price of approximately £101,603.
19 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £61,000 | £40,603 | £101,603 |
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 | 38.684 % | £23,597 | £84,597 |
3 Month Average | 20.261 % | £12,359 | £73,359 |
6 Month Average | 24.539 % | £14,968 | £75,968 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £214,307 | £212,000 | 105 SYDNEY GROVE |
24 Mar 2023 | £86,061 | £85,250 | 54 HARDY GROVE |
2 Sep 2022 | £68,447 | £69,000 | 60 HARDY GROVE |
29 Jul 2022 | £93,853 | £93,600 | 25 SYDNEY GROVE |
6 May 2022 | £183,457 | £180,000 | 11 HARDY GROVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 Nov 2012. Using an estimated price of £101,604 means this house is valued at £1,665 per sq meter (£154 per sq foot).
The average size of a house on HARDY GROVE is 79 sq meters (852 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hardy Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hotspur Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hotspur Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hotspur Road |
Apr 2024 | Anti-social behaviour | On or near Exeter Road |