£139,934
This estimated value is based upon the latest sale price for the house of £139,000 on 8 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £139,000 | 8 Feb 2023 |
| £139,000 | 24 Aug 2018 |
| £19,500 | 27 Oct 1998 |
| £12,000 | 30 Jan 1998 |
| £12,000 | 14 Oct 1997 |
| Terraced |
| Freehold |
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 2023 the House Price Index for TYNE AND WEAR was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £139,000 results in an estimated price of approximately £139,934.
| 8 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £139,000 | £934 | £139,934 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 59.225 % | £82,322 | £221,322 |
| 3 Month Average | 39.725 % | £55,217 | £194,217 |
| 6 Month Average | 22.801 % | £31,693 | £170,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £195,000 | £195,000 | 7 GAINSBOROUGH GROVE |
| 28 Apr 2023 | £186,147 | £182,665 | 42 SIDNEY GROVE |
| 8 Feb 2023 | £139,935 | £139,000 | 54 SIDNEY GROVE |
| 13 Oct 2022 | £266,610 | £267,500 | 71 SIDNEY GROVE |
| 8 Aug 2022 | £246,151 | £245,000 | 10 CROSSLEY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Brighton Grove |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Brighton Grove |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brighton Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brighton Grove |
| Sep 2024 | Anti-social behaviour | On or near Sidney Grove |