£196,890
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 23 Aug 2019 |
£153,500 | 29 Jun 2017 |
£86,000 | 17 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £160,000 results in an estimated price of approximately £196,890.
23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £160,000 | £36,890 | £196,890 |
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 | 40.467 % | £64,747 | £224,747 |
3 Month Average | 14.582 % | £23,331 | £183,331 |
6 Month Average | 2.757 % | £4,410 | £164,410 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £368,973 | £365,000 | 7 DUMFRIES CLOSE |
23 Mar 2023 | £85,808 | £85,000 | 41 GLENEAGLES ROAD |
10 Mar 2023 | £113,570 | £112,500 | 1 GLENEAGLES ROAD |
23 Feb 2023 | £322,283 | £322,500 | 9 DUMFRIES CLOSE |
28 Oct 2022 | £272,071 | £275,000 | 6 DUMFRIES CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 24 Mar 2017. Using an estimated price of £196,890 means this house is valued at £1,458 per sq meter (£135 per sq foot).
The average size of a house on GLENEAGLES ROAD is 69 sq meters (747 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Goole Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenlea Close |