£86,333
This estimated value is based upon the latest sale price for the house of £28,000 on 21 Jan 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Grange Villas
More crime details
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| Price Paid | Date |
|---|---|
| £28,000 | 21 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 2002 the House Price Index for TYNE AND WEAR was 47.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 208.336%.Applying this 208.336% change to the original purchase price of £28,000 results in an estimated price of approximately £86,333.
| 21 Jan 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 146.7 | 208.336 % | £28,000 | £58,333 | £86,333 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 262.636 % | £73,538 | £101,538 |
| 3 Month Average | 279.375 % | £78,225 | £106,225 |
| 6 Month Average | 259.383 % | £72,627 | £100,627 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 12 Jan 2016.
The average size of a house on NORTH VIEW is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Grange Villas |
| Mar 2024 | Burglary | Under investigation | On or near Grange Villas |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grange Villas |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grange Villas |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Villas |