£123,923
This estimated value is based upon the latest sale price for the house of £101,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,000 | 26 Sep 2019 |
| £120,000 | 9 Dec 2009 |
| £152,000 | 12 Apr 2006 |
| £127,000 | 27 Jun 2003 |
| £82,950 | 10 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 804 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £101,000 results in an estimated price of approximately £123,923.
| 26 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £101,000 | £22,923 | £123,923 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 74.750 % | £75,497 | £176,497 |
| 3 Month Average | 21.540 % | £21,755 | £122,755 |
| 6 Month Average | 15.195 % | £15,347 | £116,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £180,689 | £178,500 | 100 THE WILLS BUILDING WILLS OVAL |
| 5 Jan 2023 | £144,320 | £145,000 | 28 THE WILLS BUILDING WILLS OVAL |
| 23 Nov 2022 | £108,684 | £110,000 | 40 THE WILLS BUILDING WILLS OVAL |
| 1 Aug 2022 | £144,611 | £145,000 | 109 THE WILLS BUILDING WILLS OVAL |
| 8 Jul 2022 | £142,383 | £142,000 | 111 THE WILLS BUILDING WILLS OVAL |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 31 Jul 2009. Using an estimated price of £123,923 means this house is valued at £1,657 per sq meter (£154 per sq foot).
The average size of a house on WILLS OVAL is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bramley Court |
| Feb 2024 | Anti-social behaviour | On or near Bramley Court | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bramley Court |
| Feb 2024 | Anti-social behaviour | On or near Bramley Court | |
| Jan 2024 | Anti-social behaviour | On or near Bramley Court |