£616,689
This estimated value is based upon the latest sale price for the house of £378,495 on 22 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Halton Way
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| Price Paid | Date |
|---|---|
| £378,495 | 22 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £378,495 results in an estimated price of approximately £616,689.
| 22 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £378,495 | £238,194 | £616,689 |
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 | 70.823 % | £268,062 | £646,557 |
| 3 Month Average | 47.372 % | £179,299 | £557,794 |
| 6 Month Average | 21.658 % | £81,973 | £460,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £419,528 | £410,000 | 116 FEATHERSTONE GROVE |
| 26 Jun 2023 | £341,851 | £335,000 | 35 FEATHERSTONE GROVE |
| 25 Oct 2022 | £383,718 | £385,000 | 32 FEATHERSTONE GROVE |
| 10 Jun 2022 | £429,174 | £420,000 | 140 FEATHERSTONE GROVE |
| 1 Apr 2022 | £389,033 | £375,000 | 12 FEATHERSTONE GROVE |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 6 May 2014. Using an estimated price of £616,690 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on FEATHERSTONE GROVE is 183 sq meters (1,972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Halton Way |
| Jul 2024 | Other crime | Under investigation | On or near Halton Way |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Halton Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Halton Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Halton Way |