£219,206
This estimated value is based upon the latest sale price for the house of £179,950 on 9 Jul 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 |
---|---|
£179,950 | 9 Jul 2020 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £179,950 results in an estimated price of approximately £219,206.
9 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £179,950 | £39,256 | £219,206 |
The Postcode Pricing Model uses changes in average sales price within the NE13 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 | 63.593 % | £114,436 | £294,386 |
3 Month Average | 40.859 % | £73,525 | £253,475 |
6 Month Average | 19.407 % | £34,922 | £214,872 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £191,664 | £190,000 | 119 WILLOWBAY DRIVE |
23 Jun 2023 | £242,867 | £238,000 | 4 WILLOWBAY DRIVE |
28 Apr 2023 | £121,268 | £119,000 | 77 WILLOWBAY DRIVE |
11 Apr 2023 | £550,293 | £540,000 | 9 ASHWOOD CLOSE |
17 Aug 2022 | £243,137 | £242,000 | 49 WILLOWBAY DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Apr 2020. Using an estimated price of £219,207 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on WILLOWBAY DRIVE is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Under investigation | On or near Willowbay Drive |
Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Sir Bobby Robson Way |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area |