£236,011
This estimated value is based upon the latest sale price for the house of £141,000 on 15 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £141,000 | 15 Mar 2013 |
| £152,500 | 11 Aug 2006 |
| £117,500 | 27 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £141,000 results in an estimated price of approximately £236,011.
| 15 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £141,000 | £95,011 | £236,011 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 22.656 % | £31,945 | £172,945 |
| 3 Month Average | 48.377 % | £68,212 | £209,212 |
| 6 Month Average | 43.062 % | £60,718 | £201,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £284,208 | £280,000 | 124 CLAREMONT ROAD |
| 1 Nov 2023 | £96,428 | £95,000 | 1 CLAREMONT COURT |
| 15 Sep 2023 | £27,856 | £27,500 | GARAGE 9 ST DAVIDS CLOSE |
| 6 Jul 2023 | £180,428 | £178,000 | 19 DENESIDE COURT WOODBURN DRIVE |
| 5 Jun 2023 | £576,989 | £570,000 | 25 LONGRIDGE DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Nov 2012. Using an estimated price of £236,012 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on WOODBURN DRIVE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Shoplifting | Under investigation | On or near Parking Area |