£421,051
This estimated value is based upon the latest sale price for the house of £95,156 on 12 Mar 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,156 | 12 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 March 1999 the House Price Index for TYNE AND WEAR was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £95,156 results in an estimated price of approximately £421,051.
| 12 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 146.7 | 342.485 % | £95,156 | £325,895 | £421,051 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 144.866 % | £137,848 | £233,004 |
| 3 Month Average | 138.467 % | £131,759 | £226,915 |
| 6 Month Average | 201.573 % | £191,809 | £286,965 |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 2 Mar 2020.
The average size of a house on OSBORNE ROAD is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Myrtle Grove | |
| Mar 2024 | Anti-social behaviour | On or near Myrtle Grove | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Myrtle Grove |
| Jan 2024 | Anti-social behaviour | On or near Myrtle Grove | |
| Jan 2024 | Anti-social behaviour | On or near Myrtle Grove |