£398,709
This estimated value is based upon the latest sale price for the house of £370,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£370,000 | 23 Sep 2021 |
£240,000 | 25 Jan 2013 |
£96,500 | 5 Jun 1998 |
Detached |
Leasehold |
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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £370,000 results in an estimated price of approximately £398,709.
23 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £370,000 | £28,709 | £398,709 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 19.467 % | £72,027 | £442,027 |
3 Month Average | 2.102 % | £7,776 | £377,776 |
6 Month Average | -3.008 % | £-11,128 | £358,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £539,722 | £535,000 | 10 THE WYND |
31 Jan 2023 | £612,117 | £615,000 | 100 THE WYND |
30 Mar 2022 | £555,437 | £536,000 | 61 THE WYND |
23 Sep 2021 | £398,709 | £370,000 | 29 THE WYND |
30 Nov 2020 | £556,490 | £480,000 | 60 THE WYND |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 25 Jun 2012. Using an estimated price of £398,709 means this house is valued at £4,068 per sq meter (£377 per sq foot).
The average size of a house on THE WYND is 131 sq meters (1,418 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Preston Road North |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Preston Road North |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beach Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Beach Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Beach Road |