£109,707
This estimated value is based upon the latest sale price for the house of £81,000 on 15 Apr 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 |
|---|---|
| £81,000 | 15 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £81,000 results in an estimated price of approximately £109,707.
| 15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £81,000 | £28,707 | £109,707 |
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 | -55.384 % | £-44,860 | £36,139 |
| 3 Month Average | 15.639 % | £12,667 | £93,667 |
| 6 Month Average | 24.118 % | £19,535 | £100,535 |
| 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 |
| 13 Jul 2023 | £139,376 | £137,500 | 2 EAST ACRES |
| 21 Jun 2023 | £121,471 | £120,000 | 21 LIME STREET |
| 26 Aug 2022 | £114,691 | £115,000 | 10 GREENRIGG |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Feb 2016. Using an estimated price of £109,708 means this house is valued at £1,462 per sq meter (£135 per sq foot).
The average size of a house on GREENRIGG is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hadrian Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hadrian Gardens |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hadrian Gardens |
| Feb 2024 | Public order | Under investigation | On or near Hadrian Gardens |