£162,975
This estimated value is based upon the latest sale price for the house of £142,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £142,000 | 16 Dec 2020 |
| £100,000 | 1 Nov 2011 |
| £66,000 | 30 Jul 2002 |
| £47,750 | 1 Jul 2002 |
| £29,000 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £142,000 results in an estimated price of approximately £162,975.
| 16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £142,000 | £20,975 | £162,975 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 2.950 % | £4,189 | £146,189 |
| 3 Month Average | -4.087 % | £-5,804 | £136,195 |
| 6 Month Average | 9.460 % | £13,432 | £155,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £107,944 | £107,000 | 25 FENHAM ROAD |
| 5 Jul 2023 | £194,619 | £192,000 | 111 BRIGHTON GROVE |
| 28 Apr 2023 | £184,653 | £182,665 | 42 SIDNEY GROVE |
| 28 Feb 2023 | £247,833 | £248,000 | 78 SIDNEY GROVE |
| 20 Jan 2023 | £308,547 | £310,000 | 79 SIDNEY GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Mar 2020. Using an estimated price of £162,975 means this house is valued at £1,733 per sq meter (£161 per sq foot).
The average size of a house on FENHAM ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sidney Grove |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sidney Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sidney Grove |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sidney Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sidney Grove |