£86,567
This estimated value is based upon the latest sale price for the house of £87,500 on 31 Oct 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Woodbine Avenue
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Price Paid | Date |
---|---|
£87,500 | 31 Oct 2022 |
£74,950 | 1 Nov 2019 |
£87,652 | 1 Dec 2006 |
£51,000 | 25 Apr 2003 |
£27,000 | 22 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 2022 the House Price Index for TYNE AND WEAR was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £87,500 results in an estimated price of approximately £86,567.
31 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £87,500 | £-932 | £86,567 |
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 | 67.286 % | £58,875 | £146,375 |
3 Month Average | 0.926 % | £809 | £88,309 |
6 Month Average | 1.421 % | £1,243 | £88,743 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £88,500 | £88,500 | 7 WOODBINE AVENUE |
17 Nov 2023 | £91,352 | £90,000 | 28 WOODBINE AVENUE |
3 Nov 2023 | £51,766 | £51,000 | 20 HAWTHORNE GROVE |
5 Jun 2023 | £180,183 | £178,000 | 33 LABURNUM AVENUE |
21 Apr 2023 | £482,697 | £477,500 | 108 STATION ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 May 2019. Using an estimated price of £86,568 means this house is valued at £1,374 per sq meter (£127 per sq foot).
The average size of a house on WOODBINE AVENUE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodbine Avenue |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodbine Avenue |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Woodbine Avenue |
Feb 2024 | Anti-social behaviour | On or near Woodbine Avenue |