£318,499
This estimated value is based upon the latest sale price for the house of £320,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £320,000 | 26 Jan 2023 |
| £232,000 | 4 Sep 2014 |
| £390,000 | 23 May 2007 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £320,000 results in an estimated price of approximately £318,499.
| 26 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £320,000 | £-1,500 | £318,499 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 11.300 % | £36,159 | £356,159 |
| 3 Month Average | -1.030 % | £-3,296 | £316,703 |
| 6 Month Average | -0.305 % | £-977 | £319,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £182,705 | £180,000 | 23 HIGHSIDE DRIVE |
| 29 Sep 2023 | £339,339 | £335,000 | 5 MONTROSE GARDENS |
| 22 Aug 2023 | £534,627 | £529,950 | CRATHORNE, 17 THOMAS HAWKSLEY PARK |
| 14 Jul 2023 | £61,832 | £61,000 | 29 PORTLAND ROAD |
| 16 Jun 2023 | £80,981 | £80,000 | 28 TUDOR GROVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 28 Feb 2014. Using an estimated price of £318,500 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on ALPINE WAY is 182 sq meters (1,959 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tudor Grove |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Tudor Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Tudor Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tudor Grove |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Tudor Grove |