£215,971
This estimated value is based upon the latest sale price for the house of £150,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,000 | 14 Aug 2015 |
| £121,000 | 21 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £150,000 results in an estimated price of approximately £215,971.
| 14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £150,000 | £65,971 | £215,971 |
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 | 43.093 % | £64,639 | £214,639 |
| 3 Month Average | 42.261 % | £63,391 | £213,391 |
| 6 Month Average | 13.202 % | £19,802 | £169,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £182,137 | £178,000 | 22 JOHN F KENNEDY ESTATE |
| 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 |
| 29 Sep 2021 | £206,258 | £190,000 | MULBERA GLEBE CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Nov 2013. Using an estimated price of £215,971 means this house is valued at £3,085 per sq meter (£286 per sq foot).
The average size of a house on GLEBE CRESCENT is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Avebury Drive |
| Jul 2024 | Public order | Under investigation | On or near Avebury Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Avebury Drive |
| Oct 2024 | Burglary | Under investigation | On or near Glebe Crescent |
| Oct 2024 | Burglary | Under investigation | On or near Glebe Crescent |