£358,923
This estimated value is based upon the latest sale price for the house of £287,500 on 9 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near St Martin'S Close
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Price Paid | Date |
---|---|
£287,500 | 9 Jul 2018 |
£114,000 | 27 Jul 2001 |
£89,000 | 25 Oct 1999 |
Terraced |
Freehold |
Floor Area: 140 sq meters or 1,506 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £287,500 results in an estimated price of approximately £358,923.
9 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £287,500 | £71,423 | £358,923 |
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 | 23.520 % | £67,620 | £355,120 |
3 Month Average | 37.003 % | £106,382 | £393,882 |
6 Month Average | 41.661 % | £119,774 | £407,274 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2024 | £902,840 | £895,000 | 9 CRAGSIDE |
3 Nov 2023 | £76,953 | £75,000 | 6 ST MARTINS COURT |
10 Aug 2023 | £463,357 | £455,000 | 37 CRAGSIDE |
26 Jul 2022 | £20,203 | £20,001 | GARAGE TO THE REAR OF 72 WOODBURN DRIVE |
25 Jul 2022 | £373,745 | £370,000 | 95 WOODBURN DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 27 Mar 2018. Using an estimated price of £358,923 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on WOODBURN DRIVE is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near St Martin'S Close |
Jul 2024 | Burglary | Under investigation | On or near Grenville Way |
May 2024 | Vehicle crime | Under investigation | On or near Woodburn Drive |
Jun 2024 | Anti-social behaviour | On or near Rothley Way | |
Jun 2024 | Anti-social behaviour | On or near Rothley Way |