£223,994
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 22 Feb 2019 |
| £117,000 | 2 Aug 2002 |
| £60,000 | 5 Aug 1999 |
| Semi-Detached |
| Leasehold |
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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £180,000 results in an estimated price of approximately £223,994.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £180,000 | £43,994 | £223,994 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 112.606 % | £202,690 | £382,690 |
| 3 Month Average | 51.581 % | £92,846 | £272,846 |
| 6 Month Average | 26.204 % | £47,167 | £227,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £196,169 | £192,500 | 8 GRANGE WALK |
| 1 Jul 2022 | £257,581 | £255,000 | 89 OAKFIELD ROAD |
| 11 Apr 2022 | £202,297 | £195,000 | 12 GRANGE FARM DRIVE |
| 3 Feb 2022 | £1,585 | £1,500 | 14 NORTHCOTE |
| 7 Sep 2021 | £282,248 | £260,000 | 10 CHATSWORTH PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Grange Farm Drive |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dissington Place |
| Oct 2024 | Shoplifting | Under investigation | On or near Dissington Place |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dissington Place |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dissington Place |