£132,355
This estimated value is based upon the latest sale price for the house of £77,500 on 27 Sep 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £77,500 | 27 Sep 2010 |
| £88,000 | 21 Sep 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 67 sq meters or 728 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 September 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £77,500 results in an estimated price of approximately £132,355.
| 27 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £77,500 | £54,855 | £132,355 |
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 | 86.639 % | £67,145 | £144,645 |
| 3 Month Average | 70.058 % | £54,295 | £131,795 |
| 6 Month Average | 45.832 % | £35,519 | £113,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £97,850 | £97,000 | 22 GLENDOWER AVENUE |
| 13 Mar 2024 | £88,358 | £87,000 | 7 FALSTAFF ROAD |
| 19 Dec 2023 | £361,096 | £350,000 | 65 LANGLEY ROAD |
| 15 Dec 2023 | £125,352 | £121,500 | 39 LANGLEY ROAD |
| 10 Nov 2023 | £123,125 | £120,000 | 28 FALSTAFF ROAD |
This house has a floor area of 67 sq meters or 728 sq feet when measured on 12 Oct 2010. Using an estimated price of £132,356 means this house is valued at £1,956 per sq meter (£181 per sq foot).
The average size of a house on LANGLEY ROAD is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Glendower Avenue |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Glendower Avenue |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Glendower Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Glendower Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Glendower Avenue |