£391,043
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Sep 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 |
|---|---|
| £320,000 | 4 Sep 2019 |
| £195,000 | 11 Jul 2011 |
| £78,000 | 12 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £320,000 results in an estimated price of approximately £391,043.
| 4 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £320,000 | £71,043 | £391,043 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 74.750 % | £239,199 | £559,199 |
| 3 Month Average | 21.540 % | £68,929 | £388,929 |
| 6 Month Average | 15.195 % | £48,625 | £368,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £422,570 | £420,000 | 4 STOKESLEY GROVE |
| 20 Jul 2023 | £312,960 | £310,000 | 72 MELVILLE GROVE |
| 27 Jan 2023 | £391,561 | £395,000 | 4 GRETTON PLACE |
| 13 Aug 2021 | £341,944 | £307,750 | 1 LEYBURN DRIVE |
| 4 Dec 2020 | £240,047 | £210,000 | 32 STOKESLEY GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 Jun 2019. Using an estimated price of £391,043 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on SAXTON GROVE is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stokesley Grove |
| Apr 2024 | Anti-social behaviour | On or near Conway Drive | |
| Apr 2024 | Anti-social behaviour | On or near Conway Drive | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Hospital |