£185,721
This estimated value is based upon the latest sale price for the house of £182,000 on 2 Jun 2023. 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 Glebe Mount
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| Price Paid | Date |
|---|---|
| £182,000 | 2 Jun 2023 |
| £125,000 | 26 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 June 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £182,000 results in an estimated price of approximately £185,721.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £182,000 | £3,721 | £185,721 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 14.743 % | £26,832 | £208,832 |
| 3 Month Average | -3.163 % | £-5,756 | £176,243 |
| 6 Month Average | -4.864 % | £-8,853 | £173,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £208,813 | £207,000 | 95 GLEBE CRESCENT |
| 18 Dec 2023 | £182,611 | £177,000 | 83 JOHN F KENNEDY ESTATE |
| 2 Jun 2023 | £185,722 | £182,000 | 53 GLEBE CRESCENT |
| 12 Jan 2023 | £182,989 | £182,500 | 79 JOHN F KENNEDY ESTATE |
| 6 Oct 2022 | £189,368 | £190,000 | 30 HILL RISE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Sep 2015. Using an estimated price of £185,722 means this house is valued at £1,875 per sq meter (£174 per sq foot).
The average size of a house on GLEBE CRESCENT is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Glebe Mount |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |