£295,173
This estimated value is based upon the latest sale price for the house of £157,000 on 14 Jan 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £157,000 | 14 Jan 2005 |
| £72,950 | 27 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 January 2005 the House Price Index for TYNE AND WEAR was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £157,000 results in an estimated price of approximately £295,173.
| 14 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £157,000 | £138,173 | £295,173 |
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 | 94.841 % | £148,900 | £305,900 |
| 3 Month Average | 48.700 % | £76,458 | £233,458 |
| 6 Month Average | 46.841 % | £73,539 | £230,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £150,930 | £149,000 | 106 THE WILLS BUILDING WILLS OVAL |
| 8 Jun 2023 | £180,689 | £178,500 | 100 THE WILLS BUILDING WILLS OVAL |
| 24 Nov 2022 | £118,559 | £119,995 | 32 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 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Jun 2017. Using an estimated price of £295,173 means this house is valued at £4,099 per sq meter (£380 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 | Anti-social behaviour | On or near Bramley Court | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bramley Court |
| Jan 2024 | Anti-social behaviour | On or near Bramley Court |