£138,502
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Aug 2005. 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 Heworth Grove
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Price Paid | Date |
---|---|
£75,000 | 31 Aug 2005 |
£45,000 | 15 Nov 2002 |
£19,000 | 31 Jan 1997 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 August 2005 the House Price Index for TYNE AND WEAR was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £75,000 results in an estimated price of approximately £138,502.
31 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 149.7 | 84.670 % | £75,000 | £63,502 | £138,502 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -75.473 % | £-56,604 | £18,395 |
3 Month Average | -19.482 % | £-14,611 | £60,388 |
6 Month Average | -10.696 % | £-8,021 | £66,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £137,000 | £137,000 | 315 COACH ROAD ESTATE |
5 Apr 2024 | £67,083 | £66,500 | 550 COACH ROAD ESTATE |
17 Nov 2023 | £102,605 | £100,000 | 537 COACH ROAD ESTATE |
27 Oct 2023 | £138,137 | £135,000 | 20 GLENDALE AVENUE |
25 Oct 2023 | £107,440 | £105,000 | 11 THE DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Dec 2019. Using an estimated price of £138,502 means this house is valued at £2,007 per sq meter (£186 per sq foot).
The average size of a house on THE DRIVE is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Heworth Grove | |
May 2024 | Anti-social behaviour | On or near Heworth Grove | |
May 2024 | Anti-social behaviour | On or near Heworth Grove | |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Heworth Grove |
May 2024 | Anti-social behaviour | On or near Heworth Grove |