£142,510
This estimated value is based upon the latest sale price for the house of £114,500 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Greenrigg
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Price Paid | Date |
---|---|
£114,500 | 21 Jun 2019 |
£101,500 | 16 Jul 2015 |
£86,000 | 14 Oct 2005 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £114,500 results in an estimated price of approximately £142,510.
21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £114,500 | £28,010 | £142,510 |
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 | -15.094 % | £-17,283 | £97,216 |
3 Month Average | 22.667 % | £25,953 | £140,453 |
6 Month Average | 7.793 % | £8,922 | £123,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £82,000 | £82,000 | 4 ASH STREET |
24 Nov 2023 | £143,646 | £140,000 | 76 GREENRIGG |
21 Jun 2023 | £122,454 | £120,000 | 21 LIME STREET |
5 Aug 2022 | £111,521 | £111,000 | 10 PARK TERRACE |
30 May 2022 | £118,076 | £115,000 | 29 ASH STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Feb 2015. Using an estimated price of £142,510 means this house is valued at £1,566 per sq meter (£145 per sq foot).
The average size of a house on LIME STREET is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Greenrigg |
May 2024 | Violence and sexual offences | Under investigation | On or near Greenrigg |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenrigg |
Apr 2024 | Vehicle crime | Under investigation | On or near Greenrigg |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Gardens |