£107,523
This estimated value is based upon the latest sale price for the house of £73,500 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £73,500 | 12 Jun 2015 |
| £75,000 | 5 Aug 2005 |
| £24,995 | 7 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £73,500 results in an estimated price of approximately £107,523.
| 12 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £73,500 | £34,023 | £107,523 |
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 | 138.237 % | £101,604 | £175,104 |
| 3 Month Average | 27.869 % | £20,483 | £93,983 |
| 6 Month Average | 16.311 % | £11,988 | £85,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £77,766 | £76,000 | 16 WESTERHAM CLOSE |
| 25 Aug 2023 | £79,942 | £78,500 | 67 WHITCHURCH ROAD |
| 4 Aug 2023 | £71,286 | £70,000 | 20 WATFORD CLOSE |
| 23 Jun 2023 | £72,452 | £71,000 | 3 WHITCHURCH CLOSE |
| 31 Mar 2023 | £132,208 | £130,000 | 29 WENTBRIDGE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 8 May 2012. Using an estimated price of £107,523 means this house is valued at £1,361 per sq meter (£126 per sq foot).
The average size of a house on WESTERHAM CLOSE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Watford Close |
| Sep 2024 | Bicycle theft | Under investigation | On or near Watford Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wembley Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wembley Close |
| Aug 2024 | Anti-social behaviour | On or near Wembley Close |