£251,820
This estimated value is based upon the latest sale price for the house of £205,000 on 25 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,000 | 25 Jul 2019 |
| Detached |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £205,000 results in an estimated price of approximately £251,820.
| 25 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £205,000 | £46,820 | £251,820 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -26.924 % | £-55,195 | £149,804 |
| 3 Month Average | -5.947 % | £-12,191 | £192,808 |
| 6 Month Average | 20.844 % | £42,730 | £247,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £246,499 | £245,000 | 44 GROSVENOR COURT |
| 3 Apr 2023 | £151,123 | £150,000 | 37 EDEN CLOSE |
| 2 Sep 2022 | £167,908 | £169,950 | 53 GROSVENOR COURT |
| 29 Jul 2022 | £204,723 | £205,000 | 6 EGHAM ROAD |
| 5 Nov 2021 | £306,987 | £285,000 | 5 HIGHGROVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Dec 2015. Using an estimated price of £251,821 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on EGHAM ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Egham Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Eshmere Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elrick Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elrick Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gracefield Close |