£163,155
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Jan 2018 |
| £47,000 | 1 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 159 sq meters or 1,711 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £130,000 results in an estimated price of approximately £163,155.
| 26 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £130,000 | £33,155 | £163,155 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 11.390 % | £14,806 | £144,806 |
| 3 Month Average | -3.959 % | £-5,147 | £124,852 |
| 6 Month Average | -9.548 % | £-12,412 | £117,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £185,243 | £182,500 | 15 ASHMORE STREET |
| 15 Aug 2023 | £184,111 | £182,500 | 7 ASHMORE STREET |
| 14 Jul 2023 | £116,569 | £115,000 | 6 ST GEORGES WAY |
| 5 Jun 2023 | £349,230 | £345,000 | 1 ASHMORE TERRACE |
| 10 Jan 2023 | £247,707 | £248,874 | FLAT 5 15 GRANGE CRESCENT |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 18 Oct 2016. Using an estimated price of £163,155 means this house is valued at £1,026 per sq meter (£95 per sq foot).
The average size of a house on GRANGE CRESCENT is 275 sq meters (2,963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stockton Road |
| Mar 2024 | Burglary | Under investigation | On or near Carlyon Street |
| Feb 2024 | Drugs | Under investigation | On or near Carlyon Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carlyon Street |
| Feb 2024 | Drugs | Under investigation | On or near Gorse Road |