£221,774
This estimated value is based upon the latest sale price for the house of £183,000 on 9 Apr 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,000 | 9 Apr 2020 |
| £125,000 | 11 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 980 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 April 2020 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.188%.Applying this 21.188% change to the original purchase price of £183,000 results in an estimated price of approximately £221,774.
| 9 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £183,000 | £38,774 | £221,774 |
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 | 23.872 % | £43,685 | £226,685 |
| 3 Month Average | 12.348 % | £22,596 | £205,596 |
| 6 Month Average | 12.405 % | £22,700 | £205,700 |
This house has a floor area of 91 sq meters or 980 sq feet when measured on 8 Jul 2011.
The average size of a house on GRANGE DRIVE is 112 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Grange Drive |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Grange Drive |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |