£106,560
This estimated value is based upon the latest sale price for the house of £63,000 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £63,000 | 20 Dec 2012 |
| £62,500 | 1 May 2009 |
| £115,000 | 5 Jun 2007 |
| £98,000 | 23 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 820 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 December 2012 the House Price Index for TYNE AND WEAR was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £63,000 results in an estimated price of approximately £106,560.
| 20 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £63,000 | £43,560 | £106,560 |
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 | 20.286 % | £12,780 | £75,780 |
| 3 Month Average | 23.437 % | £14,765 | £77,765 |
| 6 Month Average | 31.347 % | £19,748 | £82,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £118,273 | £117,000 | 10 REVELL TERRACE |
| 26 Oct 2022 | £38,585 | £39,000 | 69 CHESTNUT AVENUE |
| 24 Mar 2022 | £56,994 | £55,000 | 32 WHITETHORN CRESCENT |
| 24 Mar 2022 | £56,994 | £55,000 | 2 LINK ROAD |
| 13 Oct 2021 | £82,986 | £75,000 | 228 PONTELAND ROAD |
This house has a floor area of 76 sq meters or 820 sq feet when measured on 1 Oct 2010. Using an estimated price of £106,561 means this house is valued at £1,397 per sq meter (£129 per sq foot).
The average size of a house on GREENHILL VIEW is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Greenhill View |
| Mar 2024 | Public order | Under investigation | On or near Greenhill View |
| Dec 2023 | Anti-social behaviour | On or near Greenhill View | |
| Dec 2023 | Anti-social behaviour | On or near Greenhill View | |
| Dec 2023 | Anti-social behaviour | On or near Greenhill View |