£182,818
This estimated value is based upon the latest sale price for the house of £49,950 on 19 Oct 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £49,950 | 19 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2000 the House Price Index for TYNE AND WEAR was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £49,950 results in an estimated price of approximately £182,818.
| 19 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £49,950 | £132,868 | £182,818 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 194.963 % | £97,384 | £147,334 |
| 3 Month Average | 111.058 % | £55,473 | £105,423 |
| 6 Month Average | 163.320 % | £81,578 | £131,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £153,180 | £150,500 | 100 FERNDENE GROVE |
| 28 Jul 2023 | £142,924 | £141,000 | 74 FERNDENE GROVE |
| 17 Feb 2023 | £143,054 | £143,150 | 58 GUELDER ROAD |
| 7 Sep 2022 | £149,790 | £151,000 | 95 FERNDENE GROVE |
| 10 Aug 2022 | £164,058 | £164,500 | 85 GUELDER ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Apr 2014. Using an estimated price of £182,818 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on FERNDENE GROVE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Benton Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Birchwood Avenue |
| Jan 2024 | Public order | Under investigation | On or near Wych Elm Crescent |
| Jan 2024 | Public order | Under investigation | On or near Manor Park |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Teviotdale Gardens |