£174,550
This estimated value is based upon the latest sale price for the house of £74,000 on 6 Jun 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 6 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2003 the House Price Index for TYNE AND WEAR was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £74,000 results in an estimated price of approximately £174,550.
| 6 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £74,000 | £100,550 | £174,550 |
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 | 90.421 % | £66,911 | £140,911 |
| 3 Month Average | 67.690 % | £50,090 | £124,090 |
| 6 Month Average | 78.828 % | £58,332 | £132,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £83,232 | £82,000 | 16 GLENCOE SQUARE |
| 25 Aug 2023 | £82,724 | £82,000 | 8 GENEVA ROAD |
| 23 Jun 2023 | £96,165 | £95,000 | 15 GARTLAND ROAD |
| 31 Jan 2023 | £99,526 | £99,995 | 14 GLENCOE SQUARE |
| 20 Jan 2023 | £129,390 | £130,000 | 1 GAMBIA SQUARE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 27 Sep 2013. Using an estimated price of £174,551 means this house is valued at £1,544 per sq meter (£143 per sq foot).
There is one other house on the street which we know the size of, this is 8 GLENCOE ROAD it is 85.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glencoe Road |
| Mar 2024 | Other crime | Under investigation | On or near Glencoe Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glencoe Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glencoe Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glencoe Square |