£300,847
This estimated value is based upon the latest sale price for the house of £245,300 on 26 Nov 2019. 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 |
---|---|
£245,300 | 26 Nov 2019 |
£225,000 | 26 Nov 2004 |
Detached |
Leasehold |
Floor Area: 134 sq meters or 1,442 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £245,300 results in an estimated price of approximately £300,847.
26 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £245,300 | £55,547 | £300,847 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -1.201 % | £-2,946 | £242,353 |
3 Month Average | 6.926 % | £16,990 | £262,290 |
6 Month Average | 15.147 % | £37,156 | £282,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £237,881 | £235,000 | 15 GLENWOOD WALK |
16 Jun 2023 | £222,698 | £220,000 | 23 GRANVILLE DRIVE |
25 Apr 2023 | £130,404 | £129,000 | 12 GILMORE CLOSE |
12 Apr 2023 | £97,045 | £96,000 | 14 GLENWOOD WALK |
21 Oct 2022 | £192,923 | £195,000 | 17 GLENWOOD WALK |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 15 Feb 2018. Using an estimated price of £300,847 means this house is valued at £2,245 per sq meter (£208 per sq foot).
There is one other house on the street which we know the size of, this is 5 GLEBE CLOSE it is 95.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodwood Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gracefield Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Gracefield Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gleneagle Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Gleneagle Close |