£199,998
This estimated value is based upon the latest sale price for the house of £193,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Windmill Court
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| Price Paid | Date |
|---|---|
| £193,000 | 7 Mar 2022 |
| £165,000 | 12 May 2017 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £193,000 results in an estimated price of approximately £199,998.
| 7 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £193,000 | £6,998 | £199,998 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 32.403 % | £62,537 | £255,537 |
| 3 Month Average | 35.867 % | £69,224 | £262,224 |
| 6 Month Average | 2.414 % | £4,659 | £197,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £164,889 | £165,000 | 1 WALLACE STREET |
| 3 Feb 2023 | £197,367 | £197,500 | 27 WALLACE STREET |
| 17 Jan 2023 | £270,725 | £272,000 | 13 CLAREMONT STREET |
| 15 Aug 2022 | £349,060 | £350,000 | 10 CHIMNEY MILLS CLAREMONT ROAD |
| 6 May 2022 | £103,959 | £102,000 | FLAT P ASHTREE HOUSE, 3 CLAREMONT ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Mar 2017. Using an estimated price of £199,999 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on WINDMILL COURT is 53 sq meters (572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Windmill Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windmill Court |
| Feb 2024 | Burglary | Under investigation | On or near Windmill Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Windmill Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windmill Court |