£126,699
This estimated value is based upon the latest sale price for the house of £84,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £84,000 | 21 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £84,000 results in an estimated price of approximately £126,699.
| 21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £84,000 | £42,699 | £126,699 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 69.863 % | £58,684 | £142,684 |
| 3 Month Average | 34.001 % | £28,560 | £112,560 |
| 6 Month Average | 20.996 % | £17,636 | £101,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £125,344 | £123,000 | 22 OBAN AVENUE |
| 3 Feb 2023 | £136,915 | £136,000 | 16 CAMBERLEY ROAD |
| 18 Jan 2023 | £110,295 | £110,000 | 4 OBAN AVENUE |
| 8 Jul 2022 | £139,397 | £138,000 | 42 WINDSOR DRIVE |
| 11 Feb 2022 | £79,234 | £75,000 | 61 WINDSOR DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 30 Jun 2015. Using an estimated price of £126,699 means this house is valued at £1,254 per sq meter (£116 per sq foot).
The average size of a house on WINDSOR DRIVE is 81 sq meters (872 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Windsor Drive | |
| Jul 2024 | Bicycle theft | Under investigation | On or near Windsor Drive |
| Jul 2024 | Other theft | Under investigation | On or near Windsor Drive |
| May 2024 | Anti-social behaviour | On or near Windsor Drive | |
| May 2024 | Other crime | Awaiting court outcome | On or near Windsor Drive |