£37,074
This estimated value is based upon the latest sale price for the house of £36,750 on 8 Aug 2023. 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 |
|---|---|
| £36,750 | 8 Aug 2023 |
| £36,000 | 16 Jun 2017 |
| £38,000 | 31 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2023 the House Price Index for TYNE AND WEAR was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £36,750 results in an estimated price of approximately £37,074.
| 8 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £36,750 | £324 | £37,074 |
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 | 14.732 % | £5,413 | £42,163 |
| 3 Month Average | -12.867 % | £-4,728 | £32,021 |
| 6 Month Average | -0.647 % | £-237 | £36,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £83,232 | £82,000 | 16 GLENCOE SQUARE |
| 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 |
| 25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 8 Sep 2016.
The average size of a house on GLENEAGLES ROAD is 69 sq meters (747 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gambia Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gambia Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gambia Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gambia Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gambia Road |