£166,991
This estimated value is based upon the latest sale price for the house of £127,500 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,500 | 10 Feb 2017 |
| £105,000 | 13 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 February 2017 the House Price Index for TYNE AND WEAR was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £127,500 results in an estimated price of approximately £166,991.
| 10 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £127,500 | £39,491 | £166,991 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -11.268 % | £-14,366 | £113,133 |
| 3 Month Average | 3.648 % | £4,650 | £132,150 |
| 6 Month Average | 18.419 % | £23,484 | £150,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £49,522 | £48,000 | 19 CUSHYCOW LANE |
| 15 Sep 2023 | £158,494 | £155,000 | 14 TURNER CLOSE |
| 9 Aug 2023 | £183,306 | £180,000 | 8 HOLBURN WAY |
| 4 Aug 2023 | £122,204 | £120,000 | 15 SOUTH GROVE |
| 20 Mar 2023 | £128,140 | £126,000 | 32 HEDDON VIEW |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Sep 2016. Using an estimated price of £166,991 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on HIGH GROVE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near North Grove |
| May 2024 | Violence and sexual offences | Under investigation | On or near North Grove |
| Jul 2024 | Anti-social behaviour | On or near The Crescent | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Crescent |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Crescent |