£294,346
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Nov 2019. 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 Glenleigh Drive
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| Price Paid | Date |
|---|---|
| £240,000 | 29 Nov 2019 |
| £231,000 | 26 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 £240,000 results in an estimated price of approximately £294,346.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £240,000 | £54,346 | £294,346 |
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 | 48.110 % | £115,464 | £355,464 |
| 3 Month Average | 6.977 % | £16,745 | £256,745 |
| 6 Month Average | 10.718 % | £25,723 | £265,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £249,016 | £246,000 | 105 THE BROADWAY |
| 11 Apr 2023 | £368,973 | £365,000 | 7 DUMFRIES CLOSE |
| 23 Feb 2023 | £322,283 | £322,500 | 9 DUMFRIES CLOSE |
| 17 Feb 2023 | £159,892 | £160,000 | 111 THE BROADWAY |
| 28 Oct 2022 | £272,071 | £275,000 | 6 DUMFRIES CLOSE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 21 Aug 2018. Using an estimated price of £294,347 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on DUMFRIES CLOSE is 170 sq meters (1,835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Glenleigh Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenleigh Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Glenleigh Drive |
| Jan 2024 | Anti-social behaviour | On or near Glenleigh Drive | |
| Jan 2024 | Anti-social behaviour | On or near Glenleigh Drive |