£390,220
This estimated value is based upon the latest sale price for the house of £337,500 on 10 Dec 2020. 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
More crime details
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Price Paid | Date |
---|---|
£337,500 | 10 Dec 2020 |
£244,000 | 12 Nov 2018 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £337,500 results in an estimated price of approximately £390,220.
10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £337,500 | £52,720 | £390,220 |
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 | -9.613 % | £-32,444 | £305,055 |
3 Month Average | 5.185 % | £17,497 | £354,997 |
6 Month Average | 13.967 % | £47,139 | £384,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £76,953 | £75,000 | 6 ST MARTINS COURT |
10 Aug 2023 | £463,357 | £455,000 | 37 CRAGSIDE |
27 Jan 2023 | £446,192 | £445,000 | 7 WOODBURN WAY |
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 92 sq meters or 990 sq feet when measured on 3 Sep 2018. Using an estimated price of £390,221 means this house is valued at £4,241 per sq meter (£394 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 |