£78,031
This estimated value is based upon the latest sale price for the house of £80,000 on 28 Nov 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 28 Nov 2022 |
| £92,500 | 16 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2022 the House Price Index for TYNE AND WEAR was 150.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.460%.Applying this -2.460% change to the original purchase price of £80,000 results in an estimated price of approximately £78,031.
| 28 Nov 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 146.7 | -2.460 % | £80,000 | £-1,968 | £78,031 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -22.135 % | £-17,708 | £62,291 |
| 3 Month Average | -20.950 % | £-16,760 | £63,239 |
| 6 Month Average | -13.059 % | £-10,447 | £69,552 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Apr 2013.
The average size of a house on DURHAM GROVE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Durham Grove |
| Feb 2024 | Other theft | Under investigation | On or near Durham Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Durham Grove |
| Mar 2024 | Anti-social behaviour | On or near Scarborough Parade |