£152,281
This estimated value is based upon the latest sale price for the house of £136,500 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £136,500 | 6 Aug 2021 |
| £130,000 | 30 Sep 2005 |
| £58,000 | 28 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £136,500 results in an estimated price of approximately £152,281.
| 6 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £136,500 | £15,781 | £152,281 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -21.307 % | £-29,083 | £107,416 |
| 3 Month Average | -2.104 % | £-2,871 | £133,628 |
| 6 Month Average | 4.473 % | £6,105 | £142,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £131,774 | £130,000 | 73 FENNEL GROVE |
| 13 Jan 2023 | £146,759 | £147,450 | 86 BASIL WAY |
| 12 Jan 2023 | £267,002 | £268,260 | 43 TARRAGON WAY |
| 26 Aug 2022 | £142,616 | £143,000 | 58 TARRAGON WAY |
| 29 Oct 2021 | £154,907 | £140,000 | 49 SORREL GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Sep 2019. Using an estimated price of £152,282 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on FENNEL GROVE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nevinson Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holder House Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holder House Way |
| Feb 2024 | Anti-social behaviour | On or near Holder House Way | |
| Feb 2024 | Anti-social behaviour | On or near Holder House Way |