£178,207
This estimated value is based upon the latest sale price for the house of £103,500 on 9 Mar 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,500 | 9 Mar 2012 |
| £103,000 | 2 Nov 2009 |
| £120,000 | 21 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 March 2012 the House Price Index for TYNE AND WEAR was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £103,500 results in an estimated price of approximately £178,207.
| 9 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £103,500 | £74,707 | £178,207 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 168.428 % | £174,323 | £277,823 |
| 3 Month Average | 48.020 % | £49,700 | £153,200 |
| 6 Month Average | 38.859 % | £40,218 | £143,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £121,872 | £120,000 | 84 REDWOOD AVENUE |
| 29 Sep 2023 | £230,072 | £225,000 | 64 LYNWOOD WAY |
| 21 Jun 2023 | £214,294 | £210,000 | 22 LYNWOOD WAY |
| 16 Feb 2023 | £231,547 | £230,000 | 24 LYNWOOD WAY |
| 3 Jan 2023 | £250,670 | £250,000 | 34 MULBERRY CRESCENT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Apr 2016. Using an estimated price of £178,208 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on SNOWBERRY GROVE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Baytree Drive | |
| Aug 2024 | Anti-social behaviour | On or near Baytree Drive | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Alder Walk |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Grove |