£148,367
This estimated value is based upon the latest sale price for the house of £92,500 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £92,500 | 29 Nov 2013 |
| £27,000 | 1 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £92,500 results in an estimated price of approximately £148,367.
| 29 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £92,500 | £55,867 | £148,367 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -18.595 % | £-17,200 | £75,299 |
| 3 Month Average | -2.689 % | £-2,487 | £90,012 |
| 6 Month Average | 17.384 % | £16,080 | £108,580 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Jan 2014.
The average size of a house on GREENS PLACE is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Wapping Street |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Wapping Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wapping Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Claypit Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lady'S Walk |