£429,080
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Oct 2017. 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 Grenada Close
More crime details
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Price Paid | Date |
---|---|
£340,000 | 25 Oct 2017 |
£300,000 | 7 May 2014 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £340,000 results in an estimated price of approximately £429,080.
25 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £340,000 | £89,080 | £429,080 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 41.929 % | £142,557 | £482,557 |
3 Month Average | 28.780 % | £97,850 | £437,850 |
6 Month Average | 23.184 % | £78,826 | £418,826 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £380,635 | £375,000 | 15 HAMILTON DRIVE |
5 Aug 2022 | £398,876 | £399,950 | 24 HAMILTON DRIVE |
15 Dec 2021 | £519,618 | £485,000 | 1 WESTERN WAY |
30 Jun 2021 | £429,170 | £400,000 | 4 GRENADA CLOSE |
28 Jun 2021 | £330,461 | £308,000 | 7 KINGSTON COURT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 Feb 2013. Using an estimated price of £429,080 means this house is valued at £3,605 per sq meter (£334 per sq foot).
The average size of a house on GRENADA CLOSE is 178 sq meters (1,922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Grenada Close |
Apr 2024 | Anti-social behaviour | On or near Grenada Close | |
Apr 2024 | Anti-social behaviour | On or near Grenada Close | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Grenada Close |
Apr 2024 | Anti-social behaviour | On or near Kingston Close |