£310,923
This estimated value is based upon the latest sale price for the house of £249,950 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £249,950 | 29 Jun 2018 |
| £222,000 | 16 Oct 2015 |
| £82,500 | 11 Apr 2000 |
| £58,000 | 29 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £249,950 results in an estimated price of approximately £310,923.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £249,950 | £60,973 | £310,923 |
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 | 28.427 % | £71,053 | £321,003 |
| 3 Month Average | 35.632 % | £89,061 | £339,011 |
| 6 Month Average | 28.729 % | £71,807 | £321,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £714,131 | £705,000 | 1 BEECHWOOD AVENUE |
| 29 Aug 2023 | £605,295 | £600,000 | 65 HILLCREST |
| 7 Aug 2023 | £529,633 | £525,000 | 15 EASTFIELD AVENUE |
| 21 Jul 2023 | £446,003 | £440,000 | 3 EASTFIELD AVENUE |
| 31 Mar 2023 | £439,137 | £435,000 | 5 BEECHWOOD AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 7 Sep 2015. Using an estimated price of £310,923 means this house is valued at £2,703 per sq meter (£251 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 |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near East Avenue | |
| Jan 2024 | Anti-social behaviour | On or near East Avenue |