£235,918
This estimated value is based upon the latest sale price for the house of £192,000 on 15 Jan 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 |
|---|---|
| £192,000 | 15 Jan 2020 |
| £158,000 | 7 Jan 2010 |
| £54,000 | 3 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £192,000 results in an estimated price of approximately £235,918.
| 15 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £192,000 | £43,918 | £235,918 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 84.920 % | £163,045 | £355,045 |
| 3 Month Average | 25.549 % | £49,054 | £241,054 |
| 6 Month Average | 16.647 % | £31,961 | £223,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £278,000 | £278,000 | 21 GRANGE PARK |
| 15 Dec 2023 | £272,627 | £264,250 | 23 FAIRFIELD DRIVE |
| 13 Sep 2023 | £373,227 | £365,000 | 69 GRANGE PARK |
| 30 Jun 2023 | £250,010 | £245,000 | 36 GRANGE PARK |
| 28 Apr 2023 | £366,862 | £360,000 | 21 EARSDON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Nov 2019. Using an estimated price of £235,919 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on GREEN SQUARE is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Aug 2024 | Robbery | Under investigation | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Abbey Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbey Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Westfield Avenue |