£112,421
This estimated value is based upon the latest sale price for the house of £91,000 on 15 Oct 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 |
|---|---|
| £91,000 | 15 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £91,000 results in an estimated price of approximately £112,421.
| 15 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £91,000 | £21,421 | £112,421 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 77.315 % | £70,356 | £161,356 |
| 3 Month Average | 22.127 % | £20,136 | £111,136 |
| 6 Month Average | 27.944 % | £25,429 | £116,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £95,832 | £95,000 | 176 OVINGTON GROVE |
| 20 Dec 2023 | £108,329 | £105,000 | 124 TWO BALL LONNEN |
| 1 Feb 2023 | £120,807 | £120,000 | 132 TWO BALL LONNEN |
| 19 Jan 2023 | £95,255 | £95,000 | 182 OVINGTON GROVE |
| 13 Sep 2022 | £86,942 | £87,000 | 196 OVINGTON GROVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Aug 2019. Using an estimated price of £112,421 means this house is valued at £1,606 per sq meter (£149 per sq foot).
The average size of a house on FENHAM HALL DRIVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Genister Place | |
| Jun 2024 | Anti-social behaviour | On or near Genister Place | |
| Jun 2024 | Other crime | Under investigation | On or near Genister Place |
| Jun 2024 | Anti-social behaviour | On or near Genister Place | |
| Jun 2024 | Anti-social behaviour | On or near Genister Place |