£645,485
This estimated value is based upon the latest sale price for the house of £381,650 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Greenriggs Avenue
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| Price Paid | Date |
|---|---|
| £381,650 | 21 Apr 2011 |
| £297,500 | 30 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,931 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 April 2011 the House Price Index for TYNE AND WEAR was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £381,650 results in an estimated price of approximately £645,485.
| 21 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £381,650 | £263,835 | £645,485 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 45.247 % | £172,683 | £554,333 |
| 3 Month Average | 31.175 % | £118,977 | £500,627 |
| 6 Month Average | 38.709 % | £147,734 | £529,384 |
This house has a floor area of 179 sq meters or 1,931 sq feet when measured on 19 Dec 2009.
The average size of a house on GREENRIGGS AVENUE is 165 sq meters (1,780 sq feet).
This house is the largest in the street with a floor area of 179 sq meters (1,931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenriggs Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Greenriggs Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Greenriggs Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenriggs Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenriggs Avenue |