£184,170
This estimated value is based upon the latest sale price for the house of £149,000 on 19 Sep 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 |
|---|---|
| £149,000 | 19 Sep 2019 |
| £62,000 | 16 Feb 2001 |
| £30,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £149,000 results in an estimated price of approximately £184,170.
| 19 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £149,000 | £35,170 | £184,170 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 18.151 % | £27,045 | £176,045 |
| 3 Month Average | 18.800 % | £28,011 | £177,011 |
| 6 Month Average | 23.703 % | £35,317 | £184,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £146,270 | £145,000 | 32 CROFTSWAY |
| 27 Oct 2023 | £174,974 | £171,000 | 29 EASTGATE GARDENS |
| 31 Aug 2023 | £155,861 | £153,050 | 34 CROFTSWAY |
| 29 Aug 2023 | £44,808 | £44,000 | 466 ELSWICK ROAD |
| 29 Aug 2023 | £122,204 | £120,000 | 24 EASTGATE GARDENS |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 27 Sep 2013. Using an estimated price of £184,171 means this house is valued at £1,461 per sq meter (£135 per sq foot).
The average size of a house on GRAINGER PARK ROAD is 127 sq meters (1,375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastgate Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eastgate Gardens |
| Jul 2024 | Public order | Awaiting court outcome | On or near Clifton Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clifton Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clifton Road |