£450,511
This estimated value is based upon the latest sale price for the house of £415,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £415,000 | 3 Sep 2021 |
| £220,000 | 21 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £415,000 results in an estimated price of approximately £450,511.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £415,000 | £35,511 | £450,511 |
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 | 48.846 % | £202,709 | £617,709 |
| 3 Month Average | 29.759 % | £123,498 | £538,498 |
| 6 Month Average | 11.320 % | £46,978 | £461,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £143,000 | £143,000 | 23 GLENEAGLES ROAD |
| 27 Oct 2023 | £306,972 | £300,000 | 30 ST ANDREWS DRIVE |
| 25 Aug 2023 | £280,051 | £275,000 | 18 GLENEAGLES ROAD |
| 11 Apr 2023 | £341,385 | £335,000 | 2 GREENACRE PARK |
| 10 Aug 2022 | £210,987 | £210,000 | 8 LONGNIDDRY COURT |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 1 Nov 2012. Using an estimated price of £450,511 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on GREENACRE PARK is 206 sq meters (2,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenacre Park |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Greenacre Park |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cramond Court |