£91,480
This estimated value is based upon the latest sale price for the house of £82,000 on 10 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £82,000 | 10 Aug 2021 |
| £80,000 | 20 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £82,000 results in an estimated price of approximately £91,480.
| 10 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £82,000 | £9,480 | £91,480 |
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 | 20.608 % | £16,898 | £98,898 |
| 3 Month Average | -5.857 % | £-4,802 | £77,197 |
| 6 Month Average | -5.914 % | £-4,849 | £77,150 |
| 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 |
| 9 Feb 2023 | £86,742 | £86,800 | 71 GARDINER ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Jun 2021. Using an estimated price of £91,480 means this house is valued at £1,793 per sq meter (£166 per sq foot).
There is one other house on the street which we know the size of, this is 22 GLANMORE ROAD it is 52.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Glanmore Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glanmore Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glanmore Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gardiner Square |
| Mar 2024 | Burglary | Under investigation | On or near Gardiner Square |