£251,726
This estimated value is based upon the latest sale price for the house of £192,500 on 24 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Hogarth Drive
More crime details
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| Price Paid | Date |
|---|---|
| £192,500 | 24 Oct 2016 |
| £73,500 | 29 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £192,500 results in an estimated price of approximately £251,726.
| 24 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £192,500 | £59,226 | £251,726 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 21.983 % | £42,317 | £234,817 |
| 3 Month Average | -1.740 % | £-3,350 | £189,149 |
| 6 Month Average | 21.701 % | £41,774 | £234,274 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 27 May 2015.
The average size of a house on FREESIA GRANGE is 167 sq meters (1,797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hogarth Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranberry Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranberry Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Raeburn Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raeburn Avenue |