£219,656
This estimated value is based upon the latest sale price for the house of £118,500 on 17 Jun 2009. 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 Belle Grove Terrace
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Price Paid | Date |
---|---|
£118,500 | 17 Jun 2009 |
£99,500 | 20 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 630 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 2009 the House Price Index for TYNE AND WEAR was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £118,500 results in an estimated price of approximately £219,656.
17 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £118,500 | £101,156 | £219,656 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 99.105 % | £117,439 | £235,939 |
3 Month Average | 65.145 % | £77,196 | £195,696 |
6 Month Average | 43.297 % | £51,307 | £169,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £206,796 | £205,000 | 31 BELLE GROVE WEST |
17 Nov 2023 | £307,814 | £300,000 | FLAT 3 4 QUEENS TERRACE |
3 Nov 2023 | £131,334 | £128,000 | FLAT C 3 BELLE GROVE TERRACE |
11 Aug 2023 | £529,551 | £520,000 | 3 BELLE GROVE VILLAS |
16 Jun 2023 | £277,562 | £272,000 | 10 BELLE GROVE WEST |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 20 May 2009. Using an estimated price of £219,656 means this house is valued at £3,747 per sq meter (£348 per sq foot).
The average size of a house on BELLE GROVE TERRACE is 133 sq meters (1,432 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (630 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Belle Grove Terrace |