£415,986
This estimated value is based upon the latest sale price for the house of £340,000 on 27 Feb 2020. 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 |
|---|---|
| £340,000 | 27 Feb 2020 |
| £315,000 | 8 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £340,000 results in an estimated price of approximately £415,986.
| 27 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £340,000 | £75,986 | £415,986 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 37.628 % | £127,934 | £467,934 |
| 3 Month Average | 2.295 % | £7,804 | £347,804 |
| 6 Month Average | -7.549 % | £-25,667 | £314,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £325,699 | £320,000 | 1 NAIRN CLOSE |
| 7 Dec 2023 | £393,892 | £387,000 | 43 WENTWORTH DRIVE |
| 24 Nov 2023 | £558,265 | £550,000 | 27 WENTWORTH DRIVE |
| 30 Aug 2023 | £353,089 | £350,000 | 49 WENTWORTH DRIVE |
| 2 Aug 2022 | £234,369 | £235,000 | 22 GLENEAGLES DRIVE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 3 Oct 2012. Using an estimated price of £415,987 means this house is valued at £2,224 per sq meter (£206 per sq foot).
The average size of a house on WENTWORTH DRIVE is 175 sq meters (1,893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stone Cellar Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Stone Cellar Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Stone Cellar Road |
| Feb 2024 | Public order | Under investigation | On or near Stone Cellar Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Stone Cellar Road |