£130,268
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 29 Sep 2021 |
£100,000 | 24 Sep 2019 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £120,000 results in an estimated price of approximately £130,268.
29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £120,000 | £10,268 | £130,268 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 11.768 % | £14,121 | £134,121 |
3 Month Average | 10.556 % | £12,667 | £132,667 |
6 Month Average | -4.794 % | £-5,752 | £114,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £92,000 | £92,000 | 98 TUDOR GROVE |
14 Mar 2024 | £116,794 | £115,000 | 92 TUDOR GROVE |
21 Nov 2023 | £184,688 | £180,000 | 23 HIGHSIDE DRIVE |
1 Sep 2023 | £255,635 | £250,000 | 35 HIGHSIDE DRIVE |
22 Aug 2023 | £539,684 | £529,950 | CRATHORNE, 17 THOMAS HAWKSLEY PARK |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Jun 2021. Using an estimated price of £130,268 means this house is valued at £1,670 per sq meter (£155 per sq foot).
The average size of a house on TUDOR GROVE is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Horsley Grove | |
May 2024 | Drugs | Under investigation | On or near Horsley Grove |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horsham Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tudor Grove |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tudor Grove |