£412,150
This estimated value is based upon the latest sale price for the house of £243,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £243,000 | 29 Jun 2012 |
| £118,000 | 27 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,270 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 June 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £243,000 results in an estimated price of approximately £412,150.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £243,000 | £169,150 | £412,150 |
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 | 35.957 % | £87,376 | £330,376 |
| 3 Month Average | 17.032 % | £41,387 | £284,387 |
| 6 Month Average | 21.478 % | £52,192 | £295,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £142,493 | £140,000 | 3 NORTH FARM AVENUE |
| 20 Jul 2023 | £101,364 | £100,000 | 1 NORTH FARM AVENUE |
| 27 Jul 2022 | £85,229 | £85,000 | 63 GRAVESEND ROAD |
| 22 Apr 2022 | £97,831 | £95,000 | 71 GRAVESEND ROAD |
| 4 Apr 2022 | £61,788 | £60,000 | 77 GRAVESEND ROAD |
This house has a floor area of 210 sq meters or 2,270 sq feet when measured on 10 Nov 2010. Using an estimated price of £412,150 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on GRAVESEND ROAD is 103 sq meters (1,114 sq feet).
This house is the largest in the street with a floor area of 210 sq meters (2,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Greenock Road |
| Feb 2024 | Anti-social behaviour | On or near Greenock Road | |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Greenock Road |
| Feb 2024 | Anti-social behaviour | On or near Greenock Road | |
| Jan 2024 | Anti-social behaviour | On or near Greenock Road |