£195,126
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £125,000 results in an estimated price of approximately £195,126.
| 12 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £125,000 | £70,126 | £195,126 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -25.528 % | £-31,910 | £93,089 |
| 3 Month Average | -2.549 % | £-3,185 | £121,814 |
| 6 Month Average | 16.796 % | £20,994 | £145,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £131,684 | £130,000 | 9 DEWLEY ROAD |
| 8 Jun 2023 | £212,575 | £210,000 | 16 DEWLEY ROAD |
| 17 Mar 2023 | £129,217 | £128,000 | 1 FINSMERE PLACE |
| 27 Feb 2023 | £124,916 | £125,000 | 22 STAPLEFORD CLOSE |
| 23 Feb 2023 | £169,886 | £170,000 | 7 FINSMERE PLACE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Sep 2015. Using an estimated price of £195,127 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on WANSFORD AVENUE is 122 sq meters (1,317 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Birchvale Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Birchvale Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Birchvale Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stapleford Close |
| Mar 2024 | Public order | Under investigation | On or near Waterbeach Place |