£136,212
This estimated value is based upon the latest sale price for the house of £82,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,000 | 31 Jul 2013 |
| £79,950 | 21 Jun 2003 |
| £37,950 | 19 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £82,000 results in an estimated price of approximately £136,212.
| 31 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £82,000 | £54,212 | £136,212 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 146.736 % | £120,323 | £202,323 |
| 3 Month Average | 18.079 % | £14,824 | £96,824 |
| 6 Month Average | 26.173 % | £21,461 | £103,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £83,460 | £82,000 | 40 HAZELMOOR |
| 15 Dec 2023 | £157,760 | £155,000 | 20 INNESMOOR |
| 7 Sep 2023 | £165,111 | £163,000 | 12 GLENMOOR |
| 30 Jun 2023 | £159,937 | £158,000 | 22 INNESMOOR |
| 21 Mar 2023 | £63,599 | £63,000 | 135 WILLIAM STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Aug 2012. Using an estimated price of £136,212 means this house is valued at £2,232 per sq meter (£207 per sq foot).
The average size of a house on GLENMOOR is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cavalier View | |
| Mar 2024 | Anti-social behaviour | On or near Cavalier View | |
| Mar 2024 | Anti-social behaviour | On or near Cavalier View | |
| Mar 2024 | Anti-social behaviour | On or near Cavalier View | |
| Mar 2024 | Other theft | Under investigation | On or near Innesmoor |