£397,098
This estimated value is based upon the latest sale price for the house of £340,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Greystoke Gardens
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| Price Paid | Date |
|---|---|
| £340,000 | 30 Nov 2020 |
| £280,000 | 24 Nov 2017 |
| Semi-Detached |
| 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £340,000 results in an estimated price of approximately £397,098.
| 30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £340,000 | £57,098 | £397,098 |
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 | 77.698 % | £264,173 | £604,173 |
| 3 Month Average | 6.212 % | £21,120 | £361,120 |
| 6 Month Average | 11.337 % | £38,545 | £378,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £368,366 | £360,000 | 48 OAKFIELD ROAD |
| 15 Jun 2023 | £306,135 | £300,000 | 4 OAKFIELD ROAD |
| 13 Jun 2023 | £244,908 | £240,000 | 38 OAKFIELD ROAD |
| 30 Nov 2022 | £250,081 | £251,250 | 49 GREYSTOKE AVENUE |
| 19 Aug 2022 | £150,705 | £150,000 | 6 BRENTWOOD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Greystoke Gardens |
| Sep 2024 | Theft from the person | Under investigation | On or near Greystoke Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greystoke Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greystoke Gardens |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oakfield Avenue |