£73,952
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,000 | 25 Feb 2022 |
£114,950 | 7 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £70,000 results in an estimated price of approximately £73,952.
25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £70,000 | £3,952 | £73,952 |
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 | 58.348 % | £40,843 | £110,843 |
3 Month Average | 9.197 % | £6,437 | £76,437 |
6 Month Average | -2.799 % | £-1,959 | £68,040 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £180,548 | £175,000 | 44 DILSTON GRANGE |
6 Oct 2023 | £82,882 | £81,000 | 59 DILSTON GRANGE |
25 Feb 2022 | £73,952 | £70,000 | 69 DILSTON GRANGE |
21 Jan 2022 | £132,472 | £124,950 | 17 MARTIN ROAD |
30 Sep 2021 | £179,119 | £165,000 | 52 DILSTON GRANGE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Aug 2013. Using an estimated price of £73,952 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on DILSTON GRANGE is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Under investigation | On or near Dilston Grange |
Jul 2024 | Anti-social behaviour | On or near Martin Road | |
Jul 2024 | Public order | Under investigation | On or near Martin Road |
Jul 2024 | Anti-social behaviour | On or near Martin Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Martin Road |