£474,908
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Apr 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£125,000 | 28 Apr 2000 |
Detached |
Freehold |
Floor Area: 183 sq meters or 1,969 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 2000 the House Price Index for TYNE AND WEAR was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £125,000 results in an estimated price of approximately £474,908.
28 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £125,000 | £349,908 | £474,908 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 83.821 % | £104,776 | £229,776 |
3 Month Average | 174.232 % | £217,789 | £342,789 |
6 Month Average | 190.958 % | £238,697 | £363,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £208,081 | £205,000 | 29 GLAMIS CRESCENT |
30 Aug 2023 | £171,500 | £170,000 | 8 DENEWAY |
29 Jun 2023 | £314,054 | £310,250 | 57 HOLLINHILL |
26 Jun 2023 | £217,636 | £215,000 | 49 HOLLINHILL |
19 Apr 2023 | £181,959 | £180,000 | 30 DENEWAY |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 7 May 2019. Using an estimated price of £474,908 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on THORNLEY LANE is 134 sq meters (1,452 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,969 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Glamis Crescent | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glamis Crescent |
Feb 2024 | Public order | Under investigation | On or near Glamis Crescent |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Glamis Crescent |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glamis Crescent |