£316,036
This estimated value is based upon the latest sale price for the house of £194,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £194,000 | 23 Feb 2007 |
| £95,000 | 1 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 February 2007 the House Price Index for TYNE AND WEAR was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £194,000 results in an estimated price of approximately £316,036.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £194,000 | £122,036 | £316,036 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 36.953 % | £71,688 | £265,688 |
| 3 Month Average | 27.268 % | £52,900 | £246,900 |
| 6 Month Average | 22.771 % | £44,175 | £238,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £131,684 | £130,000 | 127 DURHAM ROAD |
| 31 Aug 2023 | £128,121 | £127,000 | 15 STAMFORD AVENUE |
| 28 Jul 2023 | £233,138 | £230,000 | 122 DURHAM ROAD |
| 16 Jun 2023 | £177,146 | £175,000 | 130 DURHAM ROAD |
| 13 Apr 2023 | £74,805 | £74,000 | 60 SHAFTESBURY CRESCENT |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 20 Oct 2021. Using an estimated price of £316,037 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on ETTRICK GROVE is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sacriston Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Saxon Crescent |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent |