£132,588
This estimated value is based upon the latest sale price for the house of £104,000 on 21 Jul 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 |
|---|---|
| £104,000 | 21 Jul 2017 |
| £96,000 | 19 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £104,000 results in an estimated price of approximately £132,588.
| 21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £104,000 | £28,588 | £132,588 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -13.648 % | £-14,194 | £89,805 |
| 3 Month Average | 18.378 % | £19,112 | £123,112 |
| 6 Month Average | 30.501 % | £31,721 | £135,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £136,748 | £135,000 | 7 EWEN COURT |
| 27 Jul 2023 | £126,705 | £125,000 | 1 DEREHAM WAY |
| 2 Jun 2023 | £117,928 | £116,500 | 47 WYNDHAM WAY |
| 28 Apr 2023 | £126,361 | £125,000 | 57 DEREHAM WAY |
| 17 Nov 2022 | £138,324 | £140,000 | 18 CHILHAM COURT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 May 2017. Using an estimated price of £132,588 means this house is valued at £1,616 per sq meter (£150 per sq foot).
The average size of a house on WYNDHAM WAY is 97 sq meters (1,049 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wyndham Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wyndham Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wyndham Way |
| Feb 2024 | Anti-social behaviour | On or near Wyndham Way | |
| Feb 2024 | Anti-social behaviour | On or near Wyndham Way |