£109,080
This estimated value is based upon the latest sale price for the house of £88,500 on 17 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£88,500 | 17 Feb 2020 |
£97,000 | 23 Jan 2008 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £88,500 results in an estimated price of approximately £109,080.
17 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £88,500 | £20,580 | £109,080 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 25.039 % | £22,159 | £110,659 |
3 Month Average | 18.842 % | £16,675 | £105,175 |
6 Month Average | 17.529 % | £15,513 | £104,013 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £94,396 | £92,000 | 73 GILLINGHAM ROAD |
18 Sep 2023 | £97,141 | £95,000 | 22 GAINSBOROUGH SQUARE |
20 Jul 2022 | £96,972 | £96,000 | 69 GILLINGHAM ROAD |
14 Jul 2022 | £93,941 | £93,000 | 30 GAIRLOCH ROAD |
30 Jun 2022 | £66,420 | £65,000 | 40 GAINSBOROUGH ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Jul 2019. Using an estimated price of £109,080 means this house is valued at £1,731 per sq meter (£160 per sq foot).
The average size of a house on GLENEAGLES ROAD is 69 sq meters (747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gairloch Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Gairloch Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Gairloch Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gairloch Road |
Aug 2024 | Other theft | Under investigation | On or near Gairloch Road |