£100,080
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£75,000 | 31 Oct 2016 |
£54,250 | 15 Mar 2016 |
£76,000 | 24 Aug 2005 |
£29,950 | 12 Feb 2002 |
£24,000 | 20 Aug 2001 |
£25,000 | 1 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £75,000 results in an estimated price of approximately £100,080.
31 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £75,000 | £25,080 | £100,080 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 72.589 % | £54,442 | £129,442 |
3 Month Average | 30.782 % | £23,086 | £98,086 |
6 Month Average | 28.786 % | £21,589 | £96,589 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £204,090 | £200,000 | 27 EDWIN GROVE |
17 Mar 2023 | £167,802 | £165,000 | 5 EDWIN GROVE |
24 Feb 2023 | £75,504 | £75,000 | 48 GROSVENOR GARDENS |
24 Jan 2023 | £78,209 | £78,000 | 23 EDWIN GROVE |
19 Jan 2023 | £81,217 | £81,000 | 85 COLDSTREAM GARDENS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 3 Nov 2015. Using an estimated price of £100,081 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on COLDSTREAM GARDENS is 71 sq meters (767 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Edwin Grove |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edwin Grove |
Jun 2024 | Anti-social behaviour | On or near Edwin Grove | |
Jun 2024 | Anti-social behaviour | On or near Edwin Grove | |
Jun 2024 | Anti-social behaviour | On or near Edwin Grove |