£231,529
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 28 Jan 2022 |
| £201,000 | 18 May 2017 |
| £92,000 | 28 Jun 2016 |
| £13,500 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £220,000 results in an estimated price of approximately £231,529.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £220,000 | £11,529 | £231,529 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 65.410 % | £143,902 | £363,902 |
| 3 Month Average | 16.563 % | £36,437 | £256,437 |
| 6 Month Average | 19.997 % | £43,994 | £263,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £245,000 | £245,000 | 56 GRASMERE TERRACE |
| 18 Mar 2024 | £145,000 | £145,000 | 21 LANSDOWNE TERRACE |
| 13 Nov 2023 | £322,271 | £317,500 | 53 HAWKEYS LANE |
| 3 Nov 2023 | £136,014 | £134,000 | 12 LANSDOWNE TERRACE |
| 28 Jun 2023 | £106,287 | £105,000 | 73 LANSDOWNE TERRACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Dec 2014. Using an estimated price of £231,530 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on WINDERMERE TERRACE is 141 sq meters (1,517 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
| Mar 2024 | Anti-social behaviour | On or near Hawkey'S Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawkey'S Lane |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hawkey'S Lane |