£181,093
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Glebe Crescent
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| Price Paid | Date |
|---|---|
| £135,000 | 1 Jul 2016 |
| £183,500 | 11 Jan 2008 |
| £53,500 | 31 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £135,000 results in an estimated price of approximately £181,093.
| 1 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £135,000 | £46,093 | £181,093 |
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 | -1.576 % | £-2,127 | £132,872 |
| 3 Month Average | 19.185 % | £25,899 | £160,899 |
| 6 Month Average | 7.748 % | £10,459 | £145,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £208,813 | £207,000 | 95 GLEBE CRESCENT |
| 1 Sep 2023 | £276,086 | £270,000 | 54 AVEBURY DRIVE |
| 9 Mar 2023 | £316,282 | £311,000 | HELMDON HOUSE GLEBE CRESCENT |
| 3 Feb 2023 | £183,727 | £182,500 | GLENHOLME GLEBE CRESCENT |
| 15 Oct 2021 | £189,494 | £170,000 | 59 AVEBURY DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 31 Mar 2016. Using an estimated price of £181,093 means this house is valued at £1,708 per sq meter (£158 per sq foot).
The average size of a house on AVEBURY DRIVE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Glebe Crescent |
| Oct 2024 | Burglary | Under investigation | On or near Glebe Crescent |
| Oct 2024 | Burglary | Under investigation | On or near Glebe Crescent |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Avebury Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Avebury Drive |