£159,505
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Sep 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 |
|---|---|
| £130,000 | 20 Sep 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,271 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £130,000 results in an estimated price of approximately £159,505.
| 20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £130,000 | £29,505 | £159,505 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 5.190 % | £6,746 | £136,746 |
| 3 Month Average | -15.123 % | £-19,659 | £110,340 |
| 6 Month Average | 8.279 % | £10,762 | £140,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £271,626 | £269,250 | 24 HEATON GROVE |
| 14 Aug 2023 | £243,127 | £241,000 | 13 FALMOUTH ROAD |
| 4 Aug 2023 | £292,559 | £290,000 | 7 FALMOUTH ROAD |
| 14 Jul 2023 | £273,683 | £270,000 | 42 FALMOUTH ROAD |
| 25 Apr 2023 | £242,612 | £240,000 | 69 FALMOUTH ROAD |
This house has a floor area of 118 sq meters or 1,271 sq feet when measured on 11 Nov 2008. Using an estimated price of £159,505 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on HEATON GROVE is 129 sq meters (1,394 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Heaton Park Road |
| Mar 2024 | Anti-social behaviour | On or near Heaton Park Road | |
| Mar 2024 | Anti-social behaviour | On or near Heaton Park Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heaton Park Road |
| Feb 2024 | Anti-social behaviour | On or near Heaton Park Road |