£241,914
This estimated value is based upon the latest sale price for the house of £152,450 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £152,450 | 25 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 752 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 April 2008 the House Price Index for TYNE AND WEAR was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £152,450 results in an estimated price of approximately £241,914.
| 25 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £152,450 | £89,464 | £241,914 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | 172.002 % | £262,217 | £414,667 |
| 3 Month Average | 98.605 % | £150,324 | £302,774 |
| 6 Month Average | 119.219 % | £181,750 | £334,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £130,000 | £130,000 | 21 DUNELM GRANGE |
| 14 Jul 2023 | £220,974 | £218,000 | 2 EASTLEIGH CLOSE |
| 28 Feb 2023 | £412,223 | £412,500 | 33 LEANDER DRIVE |
| 12 Jan 2023 | £103,512 | £104,000 | 24 DUNELM GRANGE |
| 26 Aug 2022 | £124,664 | £125,000 | 31 SIMPSON CLOSE |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 14 Feb 2012. Using an estimated price of £241,914 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on DUNELM GRANGE is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunelm Grange |
| Apr 2024 | Public order | Under investigation | On or near Dunelm Grange |
| Apr 2024 | Drugs | Under investigation | On or near Dunelm Grange |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Dunelm Grange |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dunelm Grange |