£159,324
This estimated value is based upon the latest sale price for the house of £97,000 on 18 Feb 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£97,000 | 18 Feb 2008 |
£50,000 | 4 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 2008 the House Price Index for TYNE AND WEAR was 63.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 64.252%.Applying this 64.252% change to the original purchase price of £97,000 results in an estimated price of approximately £159,324.
18 Feb 2008 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.5 | 104.3 | 64.252 % | £97,000 | £62,324 | £159,324 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 18.480 % | £17,925 | £114,925 |
3 Month Average | 50.929 % | £49,401 | £146,401 |
6 Month Average | 40.083 % | £38,880 | £135,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2024 | £85,518 | £81,500 | 58 FALSTAFF ROAD |
23 Aug 2024 | £103,460 | £98,500 | 20 FALSTAFF ROAD |
13 Mar 2024 | £92,877 | £87,000 | 7 FALSTAFF ROAD |
13 Mar 2024 | £92,877 | £87,000 | 5 FALSTAFF ROAD |
19 Dec 2023 | £375,953 | £350,000 | 65 LANGLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Mar 2013. Using an estimated price of £159,324 means this house is valued at £2,182 per sq meter (£202 per sq foot).
The average size of a house on GLENDOWER AVENUE is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Under investigation | On or near Langley Road |
Mar 2025 | Anti-social behaviour | On or near Verne Road | |
Mar 2025 | Drugs | Investigation complete; no suspect identified | On or near Verne Road |
Mar 2025 | Other theft | Investigation complete; no suspect identified | On or near Verne Road |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Verne Road |