£143,752
This estimated value is based upon the latest sale price for the house of £90,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £90,000 results in an estimated price of approximately £143,752.
| 31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £90,000 | £53,752 | £143,752 |
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 | -4.922 % | £-4,429 | £85,570 |
| 3 Month Average | 22.295 % | £20,065 | £110,065 |
| 6 Month Average | 19.475 % | £17,527 | £107,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £161,362 | £159,950 | 56 GRISEDALE GARDENS |
| 21 Aug 2023 | £131,147 | £130,000 | 133 GRISEDALE GARDENS |
| 28 Apr 2023 | £50,494 | £49,950 | 1 WETHERAL GARDENS |
| 21 Apr 2023 | £171,850 | £170,000 | 42 GRISEDALE GARDENS |
| 21 Apr 2023 | £141,524 | £140,000 | 2 GRISEDALE GARDENS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jun 2013. Using an estimated price of £143,753 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on COLTON GARDENS is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colton Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Colton Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colton Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Colton Gardens |
| Apr 2024 | Public order | Under investigation | On or near Appleby Gardens |