£92,407
This estimated value is based upon the latest sale price for the house of £90,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 20 May 2022 |
| £18,750 | 21 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 610 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £90,000 results in an estimated price of approximately £92,407.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £90,000 | £2,407 | £92,407 |
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 | -27.064 % | £-24,357 | £65,642 |
| 3 Month Average | -14.798 % | £-13,318 | £76,681 |
| 6 Month Average | 2.820 % | £2,538 | £92,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £127,905 | £125,000 | 109 TYNEMOUTH ROAD |
| 16 Jun 2023 | £204,090 | £200,000 | 27 EDWIN GROVE |
| 17 Mar 2023 | £167,802 | £165,000 | 5 EDWIN GROVE |
| 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 56 sq meters or 610 sq feet when measured on 11 Mar 2011. Using an estimated price of £92,407 means this house is valued at £1,628 per sq meter (£151 per sq foot).
The average size of a house on EDWIN GROVE is 70 sq meters (760 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 | Criminal damage and arson | Investigation complete; no suspect identified | 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 |