£279,297
This estimated value is based upon the latest sale price for the house of £160,000 on 13 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 13 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 712 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £160,000 results in an estimated price of approximately £279,297.
| 13 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £160,000 | £119,297 | £279,297 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -10.803 % | £-17,285 | £142,714 |
| 3 Month Average | 27.773 % | £44,436 | £204,436 |
| 6 Month Average | 26.842 % | £42,947 | £202,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £192,855 | £190,000 | 56 ST ANDREWS DRIVE |
| 25 Aug 2023 | £277,427 | £275,000 | 18 GLENEAGLES ROAD |
| 7 Jul 2023 | £233,138 | £230,000 | 4 LONGNIDDRY COURT |
| 9 Jun 2023 | £218,649 | £216,000 | 47 GLENEAGLES ROAD |
| 10 Aug 2022 | £209,436 | £210,000 | 8 LONGNIDDRY COURT |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 26 Aug 2009. Using an estimated price of £279,298 means this house is valued at £4,220 per sq meter (£392 per sq foot).
The average size of a house on GLENEAGLES ROAD is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Hunstanton Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cramond Court |
| Mar 2024 | Possession of weapons | Under investigation | On or near Cramond Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |