£331,299
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Dec 2014. 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 Belle Grove Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Dec 2014 |
| £228,000 | 29 May 2008 |
| £220,000 | 13 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £225,000 results in an estimated price of approximately £331,299.
| 12 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £225,000 | £106,299 | £331,299 |
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 | 10.069 % | £22,654 | £247,654 |
| 3 Month Average | 8.528 % | £19,188 | £244,188 |
| 6 Month Average | 19.432 % | £43,721 | £268,721 |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 12 Jul 2014.
The average size of a house on BELLE GROVE VILLAS is 155 sq meters (1,671 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
| Feb 2024 | Vehicle crime | Under investigation | On or near Belle Grove Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belle Grove Terrace |