£651,316
This estimated value is based upon the latest sale price for the house of £402,500 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £402,500 | 5 Apr 2007 |
| Detached |
| Freehold |
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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £402,500 results in an estimated price of approximately £651,316.
| 5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £402,500 | £248,816 | £651,316 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 45.031 % | £181,248 | £583,748 |
| 3 Month Average | 34.622 % | £139,352 | £541,852 |
| 6 Month Average | 30.820 % | £124,050 | £526,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £280,624 | £275,000 | 45 GRIZEDALE COURT |
| 10 Jan 2023 | £205,549 | £205,000 | 41 STAVELEY ROAD |
| 9 Jan 2023 | £225,603 | £225,000 | 7 LUNEDALE AVENUE |
| 8 Jul 2022 | £212,126 | £210,000 | 11 GRIZEDALE COURT |
| 10 Dec 2021 | £210,411 | £194,950 | 5 GRIZEDALE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Sunderland Road | |
| Aug 2024 | Anti-social behaviour | On or near Sunderland Road | |
| Aug 2024 | Anti-social behaviour | On or near Sunderland Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunderland Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grizedale Court |