£284,481
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 19 Jul 2013 |
| £126,000 | 16 Dec 2009 |
| £128,000 | 25 Jun 2004 |
| Semi-Detached |
| Freehold |
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 July 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £170,000 results in an estimated price of approximately £284,481.
| 19 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £170,000 | £114,481 | £284,481 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 139.543 % | £237,222 | £407,222 |
| 3 Month Average | 41.487 % | £70,527 | £240,527 |
| 6 Month Average | 42.407 % | £72,092 | £242,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £200,109 | £196,500 | 12 SUNNISIDE COURT |
| 3 Feb 2023 | £468,127 | £465,000 | GLEBE GARDENS HOLLYWELL LANE |
| 20 Jan 2023 | £269,219 | £268,500 | 19 FELLSIDE AVENUE |
| 10 Feb 2022 | £412,018 | £390,000 | GLEBE HOUSE HOLLYWELL LANE |
| 13 Jan 2022 | £174,933 | £165,000 | 38 SUNNISIDE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Granby Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Granby Close |
| Aug 2024 | Anti-social behaviour | On or near Granby Close | |
| Aug 2024 | Anti-social behaviour | On or near Granby Close | |
| Aug 2024 | Anti-social behaviour | On or near Granby Close |