£237,476
This estimated value is based upon the latest sale price for the house of £200,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£200,000 | 18 Sep 2020 |
£185,000 | 28 Apr 2017 |
£147,000 | 10 Jun 2013 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,042 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £200,000 results in an estimated price of approximately £237,476.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £200,000 | £37,476 | £237,476 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 95.349 % | £190,697 | £390,697 |
3 Month Average | -2.944 % | £-5,887 | £194,112 |
6 Month Average | 2.146 % | £4,291 | £204,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £406,471 | £401,000 | RUSHLOR HEXHAM OLD ROAD |
4 Jul 2023 | £385,184 | £380,000 | 5 NORTH CLOSE |
19 Jun 2023 | £283,433 | £280,000 | 8 WESTERN WAY |
19 Apr 2023 | £183,981 | £182,000 | 29 WESTERN WAY |
13 Mar 2023 | £522,422 | £517,500 | 21 GRANGE ROAD |
This house has a floor area of 96 sq meters or 1,042 sq feet when measured on 27 Mar 2012. Using an estimated price of £237,476 means this house is valued at £2,452 per sq meter (£227 per sq foot).
The average size of a house on GRANGE DRIVE is 112 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Grange Drive |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Grange Drive |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Grange Drive |