£132,906
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Dec 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 19 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 December 2007 the House Price Index for TYNE AND WEAR was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £85,000 results in an estimated price of approximately £132,906.
| 19 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £85,000 | £47,906 | £132,906 |
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 | 49.833 % | £42,358 | £127,358 |
| 3 Month Average | 33.900 % | £28,815 | £113,815 |
| 6 Month Average | 14.639 % | £12,442 | £97,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £159,037 | £155,000 | 29 LISLE GROVE |
| 16 Jun 2023 | £204,090 | £200,000 | 27 EDWIN GROVE |
| 17 Mar 2023 | £167,802 | £165,000 | 5 EDWIN GROVE |
| 24 Feb 2023 | £75,504 | £75,000 | 48 GROSVENOR GARDENS |
| 24 Jan 2023 | £78,209 | £78,000 | 23 EDWIN GROVE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Jun 2013. Using an estimated price of £132,906 means this house is valued at £1,014 per sq meter (£94 per sq foot).
The average size of a house on GROSVENOR GARDENS is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Awaiting court outcome | On or near Grosvenor Gardens |
| May 2024 | Criminal damage and arson | Under investigation | On or near Grosvenor Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Gardens |