£169,619
This estimated value is based upon the latest sale price for the house of £100,750 on 25 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£100,750 | 25 May 2012 |
£104,500 | 17 Mar 2006 |
Terraced |
Leasehold |
Floor Area: 78 sq meters or 839 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 May 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £100,750 results in an estimated price of approximately £169,619.
25 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 146.7 | 68.357 % | £100,750 | £68,869 | £169,619 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -17.836 % | £-17,969 | £82,780 |
3 Month Average | 0.199 % | £200 | £100,950 |
6 Month Average | 24.731 % | £24,916 | £125,666 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Oct 2014.
The average size of a house on GREENSIDE DRIFT is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenside Drift |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenside Drift |
Jan 2024 | Anti-social behaviour | On or near Greenside Drift | |
Jan 2024 | Anti-social behaviour | On or near Greenside Drift | |
Jan 2024 | Anti-social behaviour | On or near Greenside Drift |