£212,658
This estimated value is based upon the latest sale price for the house of £179,950 on 21 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £179,950 | 21 Oct 2020 |
| £134,250 | 17 Jun 2015 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £179,950 results in an estimated price of approximately £212,658.
| 21 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £179,950 | £32,708 | £212,658 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 9.106 % | £16,385 | £196,335 |
| 3 Month Average | 11.640 % | £20,946 | £200,896 |
| 6 Month Average | 6.345 % | £11,417 | £191,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £275,064 | £269,000 | 24 GROSVENOR WAY |
| 29 Jun 2023 | £124,495 | £122,000 | 27 GLENHURST DRIVE |
| 16 Jun 2023 | £239,806 | £235,000 | 15 GLENWOOD WALK |
| 16 Jun 2023 | £270,419 | £265,000 | 4 GREENWAY |
| 12 Apr 2023 | £97,830 | £96,000 | 14 GLENWOOD WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 11 Mar 2015. Using an estimated price of £212,659 means this house is valued at £2,835 per sq meter (£263 per sq foot).
The average size of a house on GARNER CLOSE is 74 sq meters (801 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Garner Close | |
| Aug 2024 | Public order | Under investigation | On or near Garner Close |
| Aug 2024 | Anti-social behaviour | On or near Garner Close | |
| Aug 2024 | Anti-social behaviour | On or near Garner Close | |
| Aug 2024 | Anti-social behaviour | On or near Garner Close |