£128,249
This estimated value is based upon the latest sale price for the house of £30,000 on 24 Aug 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £30,000 | 24 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 1999 the House Price Index for TYNE AND WEAR was 34.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 327.498%.Applying this 327.498% change to the original purchase price of £30,000 results in an estimated price of approximately £128,249.
| 24 Aug 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.0 | 327.498 % | £30,000 | £98,249 | £128,249 |
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 | 638.760 % | £191,628 | £221,628 |
| 3 Month Average | 313.752 % | £94,125 | £124,125 |
| 6 Month Average | 343.915 % | £103,174 | £133,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £193,834 | £192,000 | 111 BRIGHTON GROVE |
| 28 Feb 2023 | £246,833 | £248,000 | 78 SIDNEY GROVE |
| 20 Jan 2023 | £307,301 | £310,000 | 79 SIDNEY GROVE |
| 11 Aug 2022 | £283,087 | £285,000 | 95 SIDNEY GROVE |
| 18 Jul 2022 | £175,263 | £175,500 | 105 GAINSBOROUGH GROVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Nov 2021. Using an estimated price of £128,249 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on SIDNEY GROVE is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Apr 2024 | Anti-social behaviour | On or near Hospital | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsbro Grove |
| Apr 2024 | Drugs | Under investigation | On or near Gainsbro Grove |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsbro Grove |