£341,969
This estimated value is based upon the latest sale price for the house of £218,000 on 25 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near St Martin'S Close
More crime details
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Price Paid | Date |
---|---|
£218,000 | 25 Apr 2014 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 April 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £218,000 results in an estimated price of approximately £341,969.
25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £218,000 | £123,969 | £341,969 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 45.927 % | £100,121 | £318,121 |
3 Month Average | 55.591 % | £121,189 | £339,189 |
6 Month Average | 51.874 % | £113,085 | £331,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2024 | £902,840 | £895,000 | 9 CRAGSIDE |
3 Nov 2023 | £76,953 | £75,000 | 6 ST MARTINS COURT |
10 Aug 2023 | £463,357 | £455,000 | 37 CRAGSIDE |
27 Jan 2023 | £446,192 | £445,000 | 7 WOODBURN WAY |
26 Jul 2022 | £20,203 | £20,001 | GARAGE TO THE REAR OF 72 WOODBURN DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Dec 2013. Using an estimated price of £341,969 means this house is valued at £3,166 per sq meter (£294 per sq foot).
The average size of a house on WILLOUGHBY DRIVE is 108 sq meters (1,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near St Martin'S Close |
May 2024 | Vehicle crime | Under investigation | On or near Woodburn Drive |
Jul 2024 | Burglary | Under investigation | On or near Grenville Way |
Jun 2024 | Anti-social behaviour | On or near Rothley Way | |
Jun 2024 | Anti-social behaviour | On or near Rothley Way |