£329,543
This estimated value is based upon the latest sale price for the house of £208,500 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £208,500 | 24 Aug 2007 |
| £183,000 | 1 Jul 2005 |
| £193,500 | 7 May 2004 |
| £118,000 | 29 Jul 2002 |
| £76,000 | 13 Mar 1998 |
| £59,950 | 30 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £208,500 results in an estimated price of approximately £329,543.
| 24 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £208,500 | £121,043 | £329,543 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 8.755 % | £18,253 | £226,753 |
| 3 Month Average | 10.707 % | £22,323 | £230,823 |
| 6 Month Average | 11.199 % | £23,350 | £231,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £209,621 | £205,000 | 10 COLERIDGE AVENUE |
| 25 Aug 2023 | £286,161 | £281,000 | 8 ONSLOW GARDENS |
| 3 Feb 2023 | £328,192 | £326,000 | 1 ONSLOW GARDENS |
| 6 Jan 2023 | £270,723 | £270,000 | 10 ONSLOW GARDENS |
| 25 Oct 2022 | £335,131 | £336,250 | 9 WESTMORLAND GARDENS |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 23 Jun 2016. Using an estimated price of £329,543 means this house is valued at £1,672 per sq meter (£155 per sq foot).
The average size of a house on MYRTLE GROVE is 151 sq meters (1,632 sq feet).
This house is the largest in the street with a floor area of 197 sq meters (2,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myrtle Grove |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Drive |
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Coleridge Avenue | |
| Aug 2024 | Burglary | Suspect charged as part of another case | On or near Well Lane |