£225,729
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Nov 2023 |
| £220,000 | 17 Nov 2023 |
| £153,000 | 3 Feb 2017 |
| £155,000 | 25 Sep 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £220,000 results in an estimated price of approximately £225,729.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £220,000 | £5,729 | £225,729 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 6.330 % | £13,925 | £233,925 |
| 3 Month Average | -0.713 % | £-1,568 | £218,431 |
| 6 Month Average | 1.818 % | £4,000 | £224,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £225,730 | £220,000 | 5 GLAMIS AVENUE |
| 17 Nov 2023 | £214,443 | £209,000 | 76 BIRCHBERRY CLOSE |
| 30 Jun 2023 | £251,031 | £246,000 | 105 THE BROADWAY |
| 23 Mar 2023 | £96,613 | £95,000 | 8 THE GREENWAY |
| 17 Feb 2023 | £161,076 | £160,000 | 111 THE BROADWAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Jun 2012. Using an estimated price of £225,730 means this house is valued at £2,857 per sq meter (£265 per sq foot).
The average size of a house on GLAMIS AVENUE is 131 sq meters (1,411 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Greenway |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Greenway |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Greenway |
| Aug 2024 | Anti-social behaviour | On or near Birchberry Close | |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Birchberry Close |