£82,385
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,000 | 28 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 837 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £65,000 results in an estimated price of approximately £82,385.
| 28 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £65,000 | £17,385 | £82,385 |
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 | 22.481 % | £14,612 | £79,612 |
| 3 Month Average | -0.208 % | £-135 | £64,864 |
| 6 Month Average | 14.673 % | £9,537 | £74,537 |
| 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 |
| 17 Feb 2023 | £104,929 | £105,000 | 20 GARDINER SQUARE |
| 31 Jan 2023 | £99,526 | £99,995 | 14 GLENCOE SQUARE |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 13 Apr 2010. Using an estimated price of £82,385 means this house is valued at £1,059 per sq meter (£98 per sq foot).
The average size of a house on GENEVA ROAD is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gatwick Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gardiner Square |
| Mar 2024 | Burglary | Under investigation | On or near Gardiner Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gardiner Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glencoe Square |