£63,975
This estimated value is based upon the latest sale price for the house of £38,000 on 31 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £38,000 | 31 May 2012 |
| £32,000 | 7 Mar 2003 |
| £27,500 | 1 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 May 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £38,000 results in an estimated price of approximately £63,975.
| 31 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £38,000 | £25,975 | £63,975 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 59.019 % | £22,427 | £60,427 |
| 3 Month Average | 20.047 % | £7,617 | £45,617 |
| 6 Month Average | 43.519 % | £16,537 | £54,537 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Jun 2012.
The average size of a house on GRACE STREET is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orpington Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orpington Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orpington Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orpington Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Orpington Avenue |