£210,550
This estimated value is based upon the latest sale price for the house of £158,500 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£158,500 | 23 Sep 2016 |
£143,000 | 20 Feb 2004 |
£39,500 | 14 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £158,500 results in an estimated price of approximately £210,550.
23 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £158,500 | £52,050 | £210,550 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 61.701 % | £97,796 | £256,296 |
3 Month Average | 14.907 % | £23,627 | £182,127 |
6 Month Average | -0.135 % | £-214 | £158,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £1,348,554 | £1,328,589 | 75 SPRINGBANK ROAD |
14 Jun 2023 | £111,349 | £110,000 | 20 VALE WALK |
6 Jun 2023 | £130,582 | £129,000 | 53 HIGH PARK |
21 Mar 2023 | £126,189 | £125,000 | 44 SPRINGBANK ROAD |
18 Aug 2022 | £172,536 | £173,000 | 19 GREYSTOKE AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Nov 2018. Using an estimated price of £210,550 means this house is valued at £2,965 per sq meter (£275 per sq foot).
The average size of a house on GREYSTOKE GARDENS is 70 sq meters (754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Springbank Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |
Jan 2024 | Anti-social behaviour | On or near Springbank Road | |
Jan 2024 | Anti-social behaviour | On or near Springbank Road |