£127,243
This estimated value is based upon the latest sale price for the house of £82,300 on 30 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,300 | 30 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £82,300 results in an estimated price of approximately £127,243.
| 30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £82,300 | £44,943 | £127,243 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -21.792 % | £-17,934 | £64,365 |
| 3 Month Average | 12.534 % | £10,315 | £92,615 |
| 6 Month Average | 31.291 % | £25,752 | £108,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £274,057 | £270,000 | 22 WILSON TERRACE |
| 25 Aug 2023 | £129,130 | £128,000 | 25 GLEBE CRESCENT |
| 11 Apr 2023 | £143,546 | £142,000 | 42 GLEBE CRESCENT |
| 28 Feb 2023 | £131,412 | £131,500 | 4 GLEBE CRESCENT |
| 1 Jul 2022 | £130,351 | £130,000 | 11 GLEBE TERRACE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Jul 2012. Using an estimated price of £127,243 means this house is valued at £1,792 per sq meter (£166 per sq foot).
The average size of a house on GLEBE CRESCENT is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glebe Court |
| Feb 2024 | Anti-social behaviour | On or near Glebe Court | |
| Feb 2024 | Anti-social behaviour | On or near Glebe Court | |
| Feb 2024 | Public order | Under investigation | On or near Glebe Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wilson Terrace |