£95,254
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,000 | 19 Jan 2023 |
| £92,250 | 31 Aug 2006 |
| £74,950 | 26 Mar 2004 |
| £54,000 | 20 Dec 2002 |
| £35,250 | 2 Oct 2000 |
| £27,350 | 1 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £95,000 results in an estimated price of approximately £95,254.
| 19 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £95,000 | £254 | £95,254 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -15.267 % | £-14,503 | £80,496 |
| 3 Month Average | -8.311 % | £-7,895 | £87,104 |
| 6 Month Average | -2.574 % | £-2,445 | £92,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £75,000 | £75,000 | 14 ANGERTON GARDENS |
| 3 Apr 2024 | £95,832 | £95,000 | 176 OVINGTON GROVE |
| 20 Dec 2023 | £108,329 | £105,000 | 124 TWO BALL LONNEN |
| 29 Mar 2023 | £84,918 | £83,500 | 64 ANGERTON GARDENS |
| 1 Feb 2023 | £120,807 | £120,000 | 132 TWO BALL LONNEN |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Jul 2017. Using an estimated price of £95,255 means this house is valued at £1,341 per sq meter (£124 per sq foot).
The average size of a house on OVINGTON GROVE is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ovington Grove |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ovington Grove |
| Oct 2024 | Shoplifting | Under investigation | On or near Ovington Grove |
| Sep 2024 | Other theft | Under investigation | On or near Ovington Grove |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ovington Grove |