£156,198
This estimated value is based upon the latest sale price for the house of £30,500 on 6 Jun 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£30,500 | 6 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 544 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 June 1997 the House Price Index for TYNE AND WEAR was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £30,500 results in an estimated price of approximately £156,198.
6 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £30,500 | £125,698 | £156,198 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 201.305 % | £61,398 | £91,898 |
3 Month Average | 204.509 % | £62,375 | £92,875 |
6 Month Average | 241.363 % | £73,615 | £104,115 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £233,456 | £230,000 | 1 BELLE VUE GROVE |
22 Jun 2023 | £409,966 | £405,000 | 482 DURHAM ROAD |
9 Feb 2023 | £164,889 | £165,000 | 503 DURHAM ROAD |
25 Jan 2023 | £522,539 | £525,000 | 550 DURHAM ROAD |
20 Jan 2023 | £119,437 | £120,000 | 3 BELLE VUE GROVE |
This house has a floor area of 50 sq meters or 544 sq feet when measured on 6 Oct 2011. Using an estimated price of £156,198 means this house is valued at £3,087 per sq meter (£286 per sq foot).
The average size of a house on BELLE VUE GROVE is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (544 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Jan 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Jan 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Jan 2024 | Anti-social behaviour | On or near Belle Vue Grove | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Edmund Place |