£220,698
This estimated value is based upon the latest sale price for the house of £179,950 on 20 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £179,950 | 20 Nov 2019 |
| £179,950 | 20 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £179,950 results in an estimated price of approximately £220,698.
| 20 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £179,950 | £40,748 | £220,698 |
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 | -10.593 % | £-19,062 | £160,887 |
| 3 Month Average | 16.456 % | £29,612 | £209,562 |
| 6 Month Average | 14.920 % | £26,849 | £206,799 |
| 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 |
| 9 Jun 2023 | £218,649 | £216,000 | 47 GLENEAGLES ROAD |
| 25 Nov 2022 | £301,350 | £305,000 | 34 BERKDALE ROAD |
| 14 Jan 2022 | £347,295 | £330,000 | 4 REDRUTH GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Apr 2019. Using an estimated price of £220,699 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on GLENEAGLES ROAD is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Berkdale Road |
| Jan 2024 | Other theft | Under investigation | On or near Berkdale Road |
| Apr 2024 | Other theft | Under investigation | On or near Tiverton Gardens |
| Mar 2024 | Anti-social behaviour | On or near Tiverton Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Tiverton Gardens |