£76,536
This estimated value is based upon the latest sale price for the house of £61,500 on 23 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £61,500 | 23 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £61,500 results in an estimated price of approximately £76,536.
| 23 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £61,500 | £15,036 | £76,536 |
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 | 36.892 % | £22,688 | £84,188 |
| 3 Month Average | 19.539 % | £12,016 | £73,516 |
| 6 Month Average | 25.399 % | £15,620 | £77,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £159,037 | £155,000 | 29 LISLE GROVE |
| 6 Oct 2023 | £184,183 | £180,000 | 13 LISLE 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 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Aug 2018. Using an estimated price of £76,537 means this house is valued at £1,342 per sq meter (£124 per sq foot).
The average size of a house on COLDSTREAM GARDENS is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Awaiting court outcome | On or near Grosvenor Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tynemouth Road |
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Tynemouth Road |