£70,955
This estimated value is based upon the latest sale price for the house of £60,000 on 1 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 1 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £60,000 results in an estimated price of approximately £70,955.
| 1 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £60,000 | £10,955 | £70,955 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -27.718 % | £-16,630 | £43,369 |
| 3 Month Average | -37.844 % | £-22,706 | £37,293 |
| 6 Month Average | -16.001 % | £-9,600 | £50,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £201,224 | £200,000 | 1 MIDDLEHAM COURT |
| 11 Jul 2023 | £70,164 | £69,500 | 14 WILTSHIRE CLOSE |
| 9 Jan 2023 | £93,677 | £94,500 | 16 ROSYTH SQUARE |
| 30 Aug 2022 | £66,550 | £67,000 | 6 WOODFORD CLOSE |
| 5 Jul 2022 | £91,876 | £92,000 | 6 HELMESLEY COURT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jun 2020. Using an estimated price of £70,955 means this house is valued at £946 per sq meter (£87 per sq foot).
The average size of a house on WENDOVER CLOSE is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Wendover Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wendover Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wendover Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wendover Close |
| Apr 2024 | Anti-social behaviour | On or near Wiltshire Close |