£114,300
This estimated value is based upon the latest sale price for the house of £90,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£90,000 | 3 Nov 2017 |
£116,000 | 16 Nov 2007 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 744 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £90,000 results in an estimated price of approximately £114,300.
3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £90,000 | £24,300 | £114,300 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -13.627 % | £-12,264 | £77,735 |
3 Month Average | 31.772 % | £28,594 | £118,594 |
6 Month Average | 12.772 % | £11,494 | £101,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £176,533 | £175,000 | 5 GIBSIDE VIEW |
15 Mar 2024 | £126,950 | £125,000 | 24 WINDERMERE CRESCENT |
20 Dec 2023 | £148,565 | £144,000 | 3 CONISTON CRESCENT |
16 Nov 2023 | £210,339 | £205,000 | 14 SPA WELL CLOSE |
21 Oct 2022 | £118,106 | £118,500 | 6 CONISTON CRESCENT |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 30 Nov 2009. Using an estimated price of £114,300 means this house is valued at £1,652 per sq meter (£153 per sq foot).
The average size of a house on WINDERMERE CRESCENT is 86 sq meters (932 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |
Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
Apr 2024 | Anti-social behaviour | On or near Windermere Crescent | |
Apr 2024 | Anti-social behaviour | On or near Windermere Crescent |