£224,462
This estimated value is based upon the latest sale price for the house of £137,500 on 9 Aug 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 |
|---|---|
| £137,500 | 9 Aug 2013 |
| £125,000 | 18 Sep 2009 |
| £135,000 | 23 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 779 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 August 2013 the House Price Index for TYNE AND WEAR was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £137,500 results in an estimated price of approximately £224,462.
| 9 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £137,500 | £86,962 | £224,462 |
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 | -33.912 % | £-46,628 | £90,871 |
| 3 Month Average | -13.141 % | £-18,069 | £119,430 |
| 6 Month Average | 22.359 % | £30,743 | £168,243 |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 1 Jun 2009.
The average size of a house on GREENS PLACE is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Green'S Place | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green'S Place |
| Feb 2024 | Anti-social behaviour | On or near Green'S Place | |
| 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 |