£130,432
This estimated value is based upon the latest sale price for the house of £85,500 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£85,500 | 22 Aug 2014 |
£25,000 | 9 Apr 1998 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £85,500 results in an estimated price of approximately £130,432.
22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £85,500 | £44,932 | £130,432 |
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 | 14.206 % | £12,146 | £97,646 |
3 Month Average | 9.496 % | £8,118 | £93,618 |
6 Month Average | 16.176 % | £13,830 | £99,330 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £105,000 | £105,000 | 23 GLENCOE SQUARE |
30 Nov 2023 | £84,136 | £82,000 | 16 GLENCOE SQUARE |
19 Oct 2023 | £78,278 | £76,500 | 17 GARDINER SQUARE |
8 Aug 2023 | £37,425 | £36,750 | 239 GLENEAGLES ROAD |
23 Jun 2023 | £96,943 | £95,000 | 15 GARTLAND ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Jun 2014. Using an estimated price of £130,433 means this house is valued at £1,739 per sq meter (£161 per sq foot).
The average size of a house on GLENEAGLES ROAD is 69 sq meters (747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Under investigation | On or near Gleneagles Square |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Gleneagles Square |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gleneagles Square |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glencoe Square |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gartland Road |