£371,538
This estimated value is based upon the latest sale price for the house of £215,000 on 7 Jan 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £215,000 | 7 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 887 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 2011 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £215,000 results in an estimated price of approximately £371,538.
| 7 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £215,000 | £156,538 | £371,538 |
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 | 14.118 % | £30,353 | £245,353 |
| 3 Month Average | 12.223 % | £26,280 | £241,280 |
| 6 Month Average | 18.012 % | £38,726 | £253,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £235,990 | £230,000 | 1 BELLE VUE GROVE |
| 16 Oct 2023 | £215,904 | £211,000 | 4 ALUMWELL ROAD |
| 22 Jun 2023 | £413,282 | £405,000 | 482 DURHAM ROAD |
| 9 Feb 2023 | £312,085 | £310,000 | 2 WHINNEY PARK DURHAM ROAD |
| 20 Jan 2023 | £120,321 | £120,000 | 3 BELLE VUE GROVE |
This house has a floor area of 82 sq meters or 887 sq feet when measured on 24 Feb 2009. Using an estimated price of £371,538 means this house is valued at £4,504 per sq meter (£418 per sq foot).
The average size of a house on PRIMROSE PLACE is 160 sq meters (1,725 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mulberry Park |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belle Vue Grove |
| May 2024 | Public order | Under investigation | On or near Belle Vue Grove |
| Jul 2024 | Shoplifting | Under investigation | On or near Edmund Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Edmund Place |