£304,922
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Jun 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 |
|---|---|
| £250,000 | 4 Jun 2019 |
| £187,000 | 23 May 2014 |
| £175,000 | 19 May 2005 |
| £165,000 | 2 Apr 2004 |
| £147,500 | 3 Oct 2003 |
| £63,000 | 20 Apr 2000 |
| £60,000 | 25 Feb 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 898 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £250,000 results in an estimated price of approximately £304,922.
| 4 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £250,000 | £54,922 | £304,922 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 14.513 % | £36,281 | £286,281 |
| 3 Month Average | -1.873 % | £-4,682 | £245,317 |
| 6 Month Average | 10.590 % | £26,475 | £276,475 |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 22 Sep 2010.
The average size of a house on ARCOT AVENUE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Grindon Close |
| Feb 2024 | Other crime | Under investigation | On or near Grindon Close |
| Feb 2024 | Anti-social behaviour | On or near Grindon Close | |
| Feb 2024 | Anti-social behaviour | On or near Grindon Close | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grindon Close |