£363,444
This estimated value is based upon the latest sale price for the house of £190,000 on 26 Oct 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Gleneagle Close
More crime details
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| Price Paid | Date |
|---|---|
| £190,000 | 26 Oct 2004 |
| £149,950 | 12 Mar 2004 |
| £149,950 | 12 Mar 2004 |
| £61,950 | 17 Feb 1995 |
| Terraced |
| Leasehold |
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 October 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £190,000 results in an estimated price of approximately £363,444.
| 26 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £190,000 | £173,444 | £363,444 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 33.737 % | £64,099 | £254,099 |
| 3 Month Average | 47.753 % | £90,731 | £280,731 |
| 6 Month Average | 52.596 % | £99,931 | £289,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £141,859 | £137,500 | 4 WEDMORE ROAD |
| 22 Sep 2023 | £275,064 | £269,000 | 24 GROSVENOR WAY |
| 16 Jun 2023 | £239,806 | £235,000 | 15 GLENWOOD WALK |
| 12 Apr 2023 | £97,830 | £96,000 | 14 GLENWOOD WALK |
| 24 Mar 2023 | £167,802 | £165,000 | 40 WEDMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Gleneagle Close |
| Oct 2024 | Burglary | Under investigation | On or near Gleneagle Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Gleneagle Close |
| Sep 2024 | Anti-social behaviour | On or near Gleneagle Close | |
| Sep 2024 | Anti-social behaviour | On or near Gleneagle Close |