£258,780
This estimated value is based upon the latest sale price for the house of £176,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £176,000 | 29 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £176,000 results in an estimated price of approximately £258,780.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £176,000 | £82,780 | £258,780 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 52.167 % | £91,813 | £267,813 |
| 3 Month Average | 37.431 % | £65,878 | £241,878 |
| 6 Month Average | 33.426 % | £58,829 | £234,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £180,032 | £174,500 | 42 FAIRFIELD GREEN |
| 7 Nov 2023 | £323,204 | £315,000 | 5 FAIR GREEN |
| 4 Oct 2023 | £227,671 | £222,500 | 59 THORNTREE DRIVE |
| 1 Sep 2023 | £240,297 | £235,000 | 10 MIDDLE GREEN |
| 21 Aug 2023 | £269,867 | £265,000 | 24 MIDDLE GREEN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Feb 2015. Using an estimated price of £258,781 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on WESTWARD GREEN is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Middle Green | |
| Sep 2024 | Anti-social behaviour | On or near Middle Green | |
| Sep 2024 | Anti-social behaviour | On or near Middle Green | |
| Sep 2024 | Anti-social behaviour | On or near Middle Green | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Green |