£279,519
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Jan 2014. 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 Glenleigh Drive
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| Price Paid | Date |
|---|---|
| £175,000 | 17 Jan 2014 |
| £183,000 | 17 Apr 2009 |
| £175,000 | 13 May 2005 |
| Detached |
| Leasehold |
| Floor Area: 92 sq meters or 998 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £175,000 results in an estimated price of approximately £279,519.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £175,000 | £104,519 | £279,519 |
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 | 26.491 % | £46,358 | £221,358 |
| 3 Month Average | 1.087 % | £1,901 | £176,901 |
| 6 Month Average | 5.297 % | £9,270 | £184,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £249,016 | £246,000 | 105 THE BROADWAY |
| 11 Apr 2023 | £368,973 | £365,000 | 7 DUMFRIES CLOSE |
| 23 Feb 2023 | £322,283 | £322,500 | 9 DUMFRIES CLOSE |
| 17 Feb 2023 | £159,892 | £160,000 | 111 THE BROADWAY |
| 17 Feb 2023 | £84,943 | £85,000 | 5 SUTHERLAND DRIVE |
This house has a floor area of 92 sq meters or 998 sq feet when measured on 29 Oct 2010. Using an estimated price of £279,519 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on LANARK CLOSE is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Glenleigh Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenleigh Drive |
| Mar 2024 | Burglary | Under investigation | On or near Glenleigh Drive |
| Jan 2024 | Anti-social behaviour | On or near Glenleigh Drive | |
| Jan 2024 | Anti-social behaviour | On or near Glenleigh Drive |