£114,617
This estimated value is based upon the latest sale price for the house of £115,000 on 14 Oct 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £115,000 | 14 Oct 2022 |
| £31,500 | 30 Sep 1997 |
| Terraced |
| Freehold |
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 2022 the House Price Index for TYNE AND WEAR was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £115,000 results in an estimated price of approximately £114,617.
| 14 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £115,000 | £-382 | £114,617 |
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 | -49.947 % | £-57,438 | £57,561 |
| 3 Month Average | -27.952 % | £-32,145 | £82,854 |
| 6 Month Average | -6.483 % | £-7,455 | £107,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £146,270 | £145,000 | 36 CHILHAM COURT |
| 29 Sep 2023 | £153,381 | £150,000 | 69 DEREHAM WAY |
| 25 Sep 2023 | £138,043 | £135,000 | 7 EWEN COURT |
| 2 Jun 2023 | £118,882 | £116,500 | 47 WYNDHAM WAY |
| 23 Jan 2023 | £70,188 | £70,000 | 13 PHOENIX CHASE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Wyndham Way | |
| Jun 2024 | Anti-social behaviour | On or near Wyndham Way | |
| Jun 2024 | Anti-social behaviour | On or near Wyndham Way | |
| Jun 2024 | Anti-social behaviour | On or near Wyndham Way | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wyndham Way |