£109,465
This estimated value is based upon the latest sale price for the house of £75,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 579 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 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £75,000 results in an estimated price of approximately £109,465.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £75,000 | £34,465 | £109,465 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 30.033 % | £22,524 | £97,524 |
| 3 Month Average | 11.765 % | £8,824 | £83,824 |
| 6 Month Average | 7.784 % | £5,838 | £80,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £96,165 | £95,000 | 15 GARTLAND ROAD |
| 26 Apr 2023 | £121,256 | £119,950 | 34 GOLDSMITH ROAD |
| 20 Jan 2023 | £129,390 | £130,000 | 1 GAMBIA SQUARE |
| 25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
| 23 Sep 2022 | £89,229 | £89,950 | 14 GUERNSEY SQUARE |
This house has a floor area of 53 sq meters or 579 sq feet when measured on 7 Oct 2011. Using an estimated price of £109,465 means this house is valued at £2,034 per sq meter (£189 per sq foot).
The average size of a house on GRENFELL SQUARE is 94 sq meters (1,013 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (579 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grenfell Square |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grenfell Square |
| Jan 2024 | Public order | Under investigation | On or near Grenfell Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gregory Road |
| Mar 2024 | Burglary | Under investigation | On or near Gregory Road |