£82,319
This estimated value is based upon the latest sale price for the house of £65,000 on 18 Dec 2017. 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 Woodbine Avenue
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Price Paid | Date |
---|---|
£65,000 | 18 Dec 2017 |
£88,500 | 28 May 2010 |
£75,000 | 22 Dec 2004 |
£71,000 | 23 Jan 2004 |
£36,000 | 12 Apr 2002 |
£43,500 | 11 Oct 2001 |
£42,600 | 20 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £65,000 results in an estimated price of approximately £82,319.
18 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £65,000 | £17,319 | £82,319 |
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 | 70.260 % | £45,669 | £110,669 |
3 Month Average | 37.362 % | £24,285 | £89,285 |
6 Month Average | 22.181 % | £14,417 | £79,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £89,881 | £88,500 | 7 WOODBINE AVENUE |
17 Nov 2023 | £92,344 | £90,000 | 28 WOODBINE AVENUE |
3 Nov 2023 | £52,328 | £51,000 | 20 HAWTHORNE GROVE |
27 Oct 2023 | £225,113 | £220,000 | 118 STATION ROAD |
5 Jun 2023 | £181,640 | £178,000 | 33 LABURNUM AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Jan 2016. Using an estimated price of £82,319 means this house is valued at £1,112 per sq meter (£103 per sq foot).
The average size of a house on WOODBINE AVENUE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Woodbine Avenue | |
Jun 2024 | Anti-social behaviour | On or near Woodbine Avenue | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodbine Avenue |
Jun 2024 | Burglary | Under investigation | On or near Woodbine Avenue |
Jun 2024 | Anti-social behaviour | On or near Woodbine Avenue |