£247,259
This estimated value is based upon the latest sale price for the house of £97,500 on 24 Dec 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £97,500 | 24 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2002 the House Price Index for TYNE AND WEAR was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £97,500 results in an estimated price of approximately £247,259.
| 24 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £97,500 | £149,759 | £247,259 |
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 | 100.757 % | £98,237 | £195,737 |
| 3 Month Average | 100.127 % | £97,623 | £195,123 |
| 6 Month Average | 76.946 % | £75,022 | £172,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £136,748 | £135,000 | 38 BELLE GROVE WEST |
| 5 Jul 2023 | £73,996 | £73,000 | 47 BELLE GROVE WEST |
| 21 Apr 2023 | £313,374 | £310,000 | 3 NEW VILLAS |
| 6 Apr 2023 | £147,842 | £146,250 | 54 ANCRUM STREET |
| 23 Mar 2023 | £252,378 | £250,000 | 63 ANCRUM STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Oct 2019. Using an estimated price of £247,260 means this house is valued at £2,289 per sq meter (£212 per sq foot).
The average size of a house on BELLE GROVE WEST is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Ancrum Street |
| Mar 2024 | Burglary | Under investigation | On or near Hunter'S Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter'S Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunter'S Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxnam Crescent |