£265,796
This estimated value is based upon the latest sale price for the house of £167,500 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£167,500 | 25 Apr 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 597 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 April 2008 the House Price Index for TYNE AND WEAR was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £167,500 results in an estimated price of approximately £265,796.
25 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £167,500 | £98,296 | £265,796 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 31.641 % | £52,998 | £220,498 |
3 Month Average | 20.739 % | £34,737 | £202,237 |
6 Month Average | 45.122 % | £75,579 | £243,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2023 | £175,241 | £173,000 | 22 RUSHMORE GRANGE |
2 Jun 2023 | £783,491 | £774,000 | HARGROVE HOUSE, 26 BRINDLEY ROAD |
6 Oct 2022 | £187,976 | £190,000 | 30 HILL RISE |
23 Sep 2022 | £208,318 | £210,000 | 5 RUSHMORE GRANGE |
12 May 2022 | £170,207 | £167,000 | 27 RUSHMORE GRANGE |
This house has a floor area of 55 sq meters or 597 sq feet when measured on 2 Sep 2010. Using an estimated price of £265,796 means this house is valued at £4,791 per sq meter (£445 per sq foot).
The average size of a house on RUSHMORE GRANGE is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rushmore Grange |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rushmore Grange |
Mar 2024 | Vehicle crime | Under investigation | On or near Hill Rise |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill Rise |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Rise |