£93,388
This estimated value is based upon the latest sale price for the house of £74,000 on 16 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 16 Oct 2017 |
| £70,000 | 24 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £74,000 results in an estimated price of approximately £93,388.
| 16 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £74,000 | £19,388 | £93,388 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 79.850 % | £59,088 | £133,088 |
| 3 Month Average | 13.602 % | £10,065 | £84,065 |
| 6 Month Average | 16.266 % | £12,036 | £86,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £164,046 | £162,500 | 23 WYEDALE WAY |
| 21 Mar 2022 | £103,626 | £100,000 | 5 WARREN AVENUE |
| 17 Sep 2021 | £156,251 | £145,000 | 34 WYEDALE WAY |
| 16 Jul 2021 | £174,114 | £151,500 | 59 WYEDALE WAY |
| 28 Jun 2021 | £96,563 | £90,000 | 315 FOSSWAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Sep 2012. Using an estimated price of £93,388 means this house is valued at £1,414 per sq meter (£131 per sq foot).
There is one other house on the street which we know the size of, this is 29 FINCHLEY CRESCENT it is 60.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Finchley Crescent |
| Apr 2024 | Other theft | Under investigation | On or near Finchley Crescent |
| Apr 2024 | Other crime | Under investigation | On or near Finchley Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Finchley Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Finchley Crescent |