£96,895
This estimated value is based upon the latest sale price for the house of £73,000 on 22 Nov 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 |
|---|---|
| £73,000 | 22 Nov 2016 |
| £75,000 | 22 Jul 2010 |
| £80,000 | 11 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 636 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £73,000 results in an estimated price of approximately £96,895.
| 22 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £73,000 | £23,895 | £96,895 |
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 | 37.355 % | £27,269 | £100,269 |
| 3 Month Average | 30.116 % | £21,984 | £94,984 |
| 6 Month Average | 34.377 % | £25,095 | £98,095 |
| 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 636 sq feet when measured on 3 Mar 2010. Using an estimated price of £96,895 means this house is valued at £1,639 per sq meter (£152 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 | 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 | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edwin Grove |