£338,858
This estimated value is based upon the latest sale price for the house of £212,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£212,000 | 29 Jun 2007 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £212,000 results in an estimated price of approximately £338,858.
29 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £212,000 | £126,858 | £338,858 |
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 | 43.862 % | £92,986 | £304,986 |
3 Month Average | 25.294 % | £53,624 | £265,624 |
6 Month Average | 14.918 % | £31,625 | £243,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £126,384 | £122,500 | 14 WALTHAM CLOSE |
19 Dec 2023 | £149,597 | £145,000 | 47 ELMFIELD GARDENS |
27 Oct 2023 | £227,159 | £222,000 | 49 WILTSHIRE GARDENS |
21 Sep 2023 | £139,066 | £136,000 | 28 WALTHAM CLOSE |
8 Sep 2023 | £169,742 | £166,000 | 38 WILTSHIRE GARDENS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 19 Dec 2017. Using an estimated price of £338,859 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on WILTSHIRE GARDENS is 100 sq meters (1,082 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Wiltshire Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wiltshire Gardens |
Jul 2024 | Public order | Under investigation | On or near Oakfield Gardens |
Jul 2024 | Public order | Under investigation | On or near Oakfield Gardens |
Jun 2024 | Anti-social behaviour | On or near Oakfield Gardens |