£319,533
This estimated value is based upon the latest sale price for the house of £262,000 on 11 Mar 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 Glanton Close
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| Price Paid | Date |
|---|---|
| £262,000 | 11 Mar 2019 |
| £85,000 | 6 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £262,000 results in an estimated price of approximately £319,533.
| 11 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £262,000 | £57,533 | £319,533 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | -11.796 % | £-30,905 | £231,094 |
| 3 Month Average | 0.397 % | £1,041 | £263,041 |
| 6 Month Average | -4.758 % | £-12,464 | £249,535 |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 18 Sep 2018.
The average size of a house on SHERBURN WAY is 80 sq meters (871 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Glanton Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Slaley Close |
| Dec 2023 | Anti-social behaviour | On or near Slaley Close | |
| Dec 2023 | Anti-social behaviour | On or near Slaley Close | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Slaley Close |