£213,707
This estimated value is based upon the latest sale price for the house of £115,000 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £115,000 | 26 Nov 2004 |
| £30,000 | 9 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2004 the House Price Index for TYNE AND WEAR was 78.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.833%.Applying this 85.833% change to the original purchase price of £115,000 results in an estimated price of approximately £213,707.
| 26 Nov 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 146.7 | 85.833 % | £115,000 | £98,707 | £213,707 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 47.166 % | £54,241 | £169,241 |
| 3 Month Average | 59.762 % | £68,725 | £183,725 |
| 6 Month Average | 51.991 % | £59,790 | £174,790 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Dec 2018.
The average size of a house on GREENSIDE CRESCENT is 92 sq meters (998 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenside Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenside Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenside Crescent |
| Jan 2024 | Vehicle crime | Under investigation | On or near Greenside Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenside Crescent |