£205,839
This estimated value is based upon the latest sale price for the house of £36,500 on 21 Jun 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£36,500 | 21 Jun 1996 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 731 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 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £36,500 results in an estimated price of approximately £205,839.
21 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 463.944 % | £36,500 | £169,339 | £205,839 |
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 | 360.511 % | £131,586 | £168,086 |
3 Month Average | 306.317 % | £111,805 | £148,305 |
6 Month Average | 263.864 % | £96,310 | £132,810 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £126,384 | £122,500 | 14 WALTHAM CLOSE |
27 Oct 2023 | £133,021 | £130,000 | 12 WOBURN CLOSE |
21 Sep 2023 | £139,066 | £136,000 | 28 WALTHAM CLOSE |
6 Jan 2023 | £160,429 | £160,000 | 15 WIMSLOW CLOSE |
4 Feb 2022 | £132,057 | £125,000 | 37 WIMSLOW CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 May 2009. Using an estimated price of £205,840 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on WOBURN CLOSE is 61 sq meters (657 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waltham Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waltham Close |
May 2024 | Anti-social behaviour | On or near Waltham Close | |
May 2024 | Anti-social behaviour | On or near Waltham Close | |
May 2024 | Anti-social behaviour | On or near Waltham Close |