£245,486
This estimated value is based upon the latest sale price for the house of £46,000 on 13 Jan 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£46,000 | 13 Jan 1997 |
Semi-Detached |
Leasehold |
Floor Area: 63 sq meters or 678 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 1997 the House Price Index for TYNE AND WEAR was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £46,000 results in an estimated price of approximately £245,486.
13 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 148.6 | 433.667 % | £46,000 | £199,486 | £245,486 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 209.878 % | £96,543 | £142,543 |
3 Month Average | 194.989 % | £89,695 | £135,695 |
6 Month Average | 239.071 % | £109,972 | £155,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £278,372 | £275,000 | 45 GRIZEDALE COURT |
20 Feb 2023 | £289,805 | £290,000 | 121 DOVEDALE ROAD |
10 Jan 2023 | £204,039 | £205,000 | 41 STAVELEY ROAD |
9 Jan 2023 | £223,945 | £225,000 | 7 LUNEDALE AVENUE |
8 Jul 2022 | £210,567 | £210,000 | 11 GRIZEDALE COURT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Apr 2016. Using an estimated price of £245,487 means this house is valued at £3,896 per sq meter (£362 per sq foot).
The average size of a house on GRIZEDALE COURT is 84 sq meters (914 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Grizedale Court |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shields Road |
Mar 2024 | Anti-social behaviour | On or near The Square | |
Mar 2024 | Anti-social behaviour | On or near The Square | |
Feb 2024 | Anti-social behaviour | On or near The Square |