£1,484,408
This estimated value is based upon the latest sale price for the house of £999,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £999,000 | 30 Sep 2014 |
| £1,300,000 | 31 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 409 sq meters or 4,402 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 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £999,000 results in an estimated price of approximately £1,484,408.
| 30 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £999,000 | £485,408 | £1,484,408 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -1.175 % | £-11,740 | £987,259 |
| 3 Month Average | 3.208 % | £32,049 | £1,031,049 |
| 6 Month Average | 18.238 % | £182,197 | £1,181,197 |
This house has a floor area of 409 sq meters or 4,402 sq feet when measured on 5 Dec 2013.
The average size of a house on GRAHAM PARK ROAD is 342 sq meters (3,684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Drive |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Mar 2024 | Burglary | Under investigation | On or near Elmfield Road |
| Mar 2024 | Anti-social behaviour | On or near The Poplars |