£858,579
This estimated value is based upon the latest sale price for the house of £590,000 on 27 Mar 2015. 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 The Nook
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| Price Paid | Date |
|---|---|
| £590,000 | 27 Mar 2015 |
| £210,000 | 10 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 310 sq meters or 3,336 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 2015 the House Price Index for TYNE AND WEAR was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £590,000 results in an estimated price of approximately £858,579.
| 27 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £590,000 | £268,579 | £858,579 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 63.672 % | £375,666 | £965,666 |
| 3 Month Average | 10.288 % | £60,699 | £650,699 |
| 6 Month Average | 14.900 % | £87,912 | £677,912 |
This house has a floor area of 310 sq meters or 3,336 sq feet when measured on 3 May 2013.
The average size of a house on THE GROVE is 241 sq meters (2,598 sq feet).
This house is the largest in the street with a floor area of 310 sq meters (3,336 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near The Nook | |
| Jan 2024 | Anti-social behaviour | On or near The Nook | |
| Jan 2024 | Burglary | Under investigation | On or near The Nook |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Nook |
| Jan 2024 | Anti-social behaviour | On or near The Nook |