£132,390
This estimated value is based upon the latest sale price for the house of £85,000 on 19 May 2014. 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 Tudor Wynd
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| Price Paid | Date |
|---|---|
| £85,000 | 19 May 2014 |
| £98,000 | 13 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £85,000 results in an estimated price of approximately £132,390.
| 19 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £85,000 | £47,390 | £132,390 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 102.473 % | £87,101 | £172,101 |
| 3 Month Average | 85.711 % | £72,854 | £157,854 |
| 6 Month Average | 61.446 % | £52,229 | £137,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2024 | £300,000 | £300,000 | 17 TUDOR WYND |
| 20 Dec 2023 | £154,455 | £149,709 | 335 ROTHBURY TERRACE |
| 18 Jan 2023 | £127,340 | £127,000 | 5 BENFIELD ROAD |
| 22 Apr 2022 | £264,543 | £255,000 | 5 TUDOR WYND |
| 12 Nov 2021 | £139,731 | £128,250 | 54 FALDONSIDE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Nov 2012. Using an estimated price of £132,390 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on BENFIELD ROAD is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Tudor Wynd |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Faldonside |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Allerton Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benfield Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherrywood |