£352,364
This estimated value is based upon the latest sale price for the house of £243,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£243,000 | 24 Jul 2015 |
£182,000 | 22 Oct 2010 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,186 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £243,000 results in an estimated price of approximately £352,364.
24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £243,000 | £109,364 | £352,364 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -34.291 % | £-83,327 | £159,672 |
3 Month Average | 29.994 % | £72,885 | £315,885 |
6 Month Average | 22.762 % | £55,310 | £298,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £274,383 | £272,000 | 8 UPLANDS |
23 Oct 2023 | £212,834 | £208,000 | 42 EASTFIELD AVENUE |
20 Sep 2023 | £720,891 | £705,000 | 1 BEECHWOOD AVENUE |
29 Aug 2023 | £611,020 | £600,000 | 65 HILLCREST |
7 Aug 2023 | £534,643 | £525,000 | 15 EASTFIELD AVENUE |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 11 Aug 2010. Using an estimated price of £352,365 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on WOODLEIGH ROAD is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northcote Avenue |
May 2024 | Vehicle crime | Under investigation | On or near Woodleigh Road |
Jun 2024 | Anti-social behaviour | On or near Elmwood Road | |
Jun 2024 | Anti-social behaviour | On or near Elmwood Road | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmwood Road |