£158,952
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,995 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £120,000 results in an estimated price of approximately £158,952.
| 17 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £120,000 | £38,952 | £158,952 |
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 | 42.801 % | £51,361 | £171,361 |
| 3 Month Average | 16.814 % | £20,176 | £140,176 |
| 6 Month Average | 13.775 % | £16,529 | £136,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £80,187 | £79,000 | 6 PALMERSTON ROAD |
| 17 Nov 2023 | £223,306 | £220,000 | 5 GLAMIS AVENUE |
| 29 Aug 2023 | £176,544 | £175,000 | 16 GRINDON PARK |
| 7 Jul 2023 | £147,992 | £146,000 | 8 GLAMIS AVENUE |
| 23 Mar 2023 | £95,904 | £95,000 | 8 THE GREENWAY |
This house has a floor area of 185 sq meters or 1,995 sq feet when measured on 24 Feb 2010. Using an estimated price of £158,953 means this house is valued at £857 per sq meter (£79 per sq foot).
The average size of a house on GRINDON COURT is 138 sq meters (1,485 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pelton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pelton Road |