£171,766
This estimated value is based upon the latest sale price for the house of £104,500 on 25 Jul 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£104,500 | 25 Jul 2008 |
£115,000 | 21 Dec 2007 |
£42,000 | 27 Feb 1998 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 897 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 July 2008 the House Price Index for TYNE AND WEAR was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £104,500 results in an estimated price of approximately £171,766.
25 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £104,500 | £67,266 | £171,766 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -40.589 % | £-42,415 | £62,084 |
3 Month Average | 12.010 % | £12,550 | £117,050 |
6 Month Average | 24.882 % | £26,002 | £130,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £142,104 | £140,000 | 76 GREENRIGG |
13 Jul 2023 | £105,419 | £104,000 | 36 GREENRIGG |
21 Jun 2023 | £121,471 | £120,000 | 21 LIME STREET |
6 Feb 2023 | £114,923 | £115,000 | 3 CONTENT STREET |
30 May 2022 | £117,209 | £115,000 | 29 ASH STREET |
This house has a floor area of 83 sq meters or 897 sq feet when measured on 28 Jun 2011. Using an estimated price of £171,766 means this house is valued at £2,061 per sq meter (£191 per sq foot).
The average size of a house on GREENRIGG is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Greenrigg |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenrigg |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Greenrigg |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Greenrigg |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Greenrigg |