£357,341
This estimated value is based upon the latest sale price for the house of £73,000 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £73,000 | 12 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,181 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 December 1997 the House Price Index for TYNE AND WEAR was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £73,000 results in an estimated price of approximately £357,341.
| 12 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £73,000 | £284,341 | £357,341 |
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 | 193.033 % | £140,914 | £213,914 |
| 3 Month Average | 205.600 % | £150,088 | £223,088 |
| 6 Month Average | 239.267 % | £174,664 | £247,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £57,738 | £57,000 | 4 BRECKEN COURT SALTWELL ROAD SOUTH |
| 9 Aug 2023 | £39,344 | £39,000 | 3 BRECKEN COURT SALTWELL ROAD SOUTH |
| 7 Jul 2023 | £273,633 | £269,950 | 47 OTTERBURN GARDENS |
| 9 Jun 2023 | £151,839 | £150,000 | 104 SALTWELL ROAD SOUTH |
| 10 Mar 2023 | £118,618 | £117,500 | 18 BRECKEN COURT SALTWELL ROAD SOUTH |
This house has a floor area of 109 sq meters or 1,181 sq feet when measured on 10 Aug 2010. Using an estimated price of £357,342 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on GRANTHAM DRIVE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Grantham Drive |
| Jan 2024 | Public order | Under investigation | On or near Grantham Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Grantham Drive |