£140,413
This estimated value is based upon the latest sale price for the house of £89,950 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,950 | 28 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 552 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £89,950 results in an estimated price of approximately £140,413.
| 28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £89,950 | £50,463 | £140,413 |
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 | 6.956 % | £6,256 | £96,206 |
| 3 Month Average | -7.251 % | £-6,522 | £83,427 |
| 6 Month Average | -3.717 % | £-3,343 | £86,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £176,544 | £175,000 | 16 GRINDON PARK |
| 23 Mar 2023 | £85,808 | £85,000 | 41 GLENEAGLES ROAD |
| 10 Mar 2023 | £113,570 | £112,500 | 1 GLENEAGLES ROAD |
| 29 Jul 2022 | £95,256 | £95,000 | 39 GLENEAGLES ROAD |
| 14 Jul 2022 | £93,251 | £93,000 | 30 GAIRLOCH ROAD |
This house has a floor area of 51 sq meters or 552 sq feet when measured on 23 May 2011. Using an estimated price of £140,413 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on GALASHIELS ROAD is 67 sq meters (723 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Galashiels Square |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galashiels Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Galashiels Square |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Galashiels Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Galashiels Square |