£389,206
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£249,950 | 25 Apr 2014 |
Terraced |
Freehold |
Floor Area: 190 sq meters or 2,045 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 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £249,950 results in an estimated price of approximately £389,206.
25 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £249,950 | £139,256 | £389,206 |
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 | -10.703 % | £-26,753 | £223,196 |
3 Month Average | 19.002 % | £47,496 | £297,446 |
6 Month Average | 19.508 % | £48,759 | £298,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £277,427 | £275,000 | 18 GLENEAGLES ROAD |
7 Jul 2023 | £233,138 | £230,000 | 4 LONGNIDDRY COURT |
11 Apr 2023 | £338,646 | £335,000 | 2 GREENACRE PARK |
10 Aug 2022 | £209,436 | £210,000 | 8 LONGNIDDRY COURT |
11 Mar 2022 | £207,252 | £200,000 | 13 CRAMOND COURT |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 29 Jul 2014. Using an estimated price of £389,207 means this house is valued at £2,048 per sq meter (£190 per sq foot).
The average size of a house on GREENACRE PARK is 206 sq meters (2,218 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Cramond Court |
Apr 2024 | Violence and sexual offences | 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 |
Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Hunstanton Court |