£4,329
This estimated value is based upon the latest sale price for the house of £3,500 on 1 Aug 2018. 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 Glanton Road
More crime details
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Price Paid | Date |
---|---|
£3,500 | 1 Aug 2018 |
£195,000 | 31 Jul 2015 |
£169,000 | 13 Feb 2004 |
Freehold |
Floor Area: 108 sq meters or 1,162 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £3,500 results in an estimated price of approximately £4,329.
1 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £3,500 | £829 | £4,329 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 18.779 % | £657 | £4,157 |
3 Month Average | 15.583 % | £545 | £4,045 |
6 Month Average | 24.779 % | £867 | £4,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £182,456 | £180,000 | 52 LYNN ROAD |
26 Jun 2023 | £172,084 | £170,000 | 21 NETHERTON AVENUE |
27 Feb 2023 | £224,849 | £225,000 | 72 GLANTON ROAD |
24 Jan 2023 | £263,758 | £265,000 | 30 CORNHILL CRESCENT |
24 Oct 2022 | £168,189 | £170,000 | 65 LYNN ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Apr 2013. Using an estimated price of £4,329 means this house is valued at £40 per sq meter (£3 per sq foot).
The average size of a house on BILLY MILL LANE is 103 sq meters (1,116 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Glanton Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glanton Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Glanton Road |
Mar 2024 | Anti-social behaviour | On or near Cornhill Crescent | |
Mar 2024 | Anti-social behaviour | On or near Cornhill Crescent |