£292,194
This estimated value is based upon the latest sale price for the house of £171,000 on 21 May 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £171,000 | 21 May 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,175 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 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £171,000 results in an estimated price of approximately £292,194.
| 21 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £171,000 | £121,194 | £292,194 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 13.672 % | £23,378 | £194,378 |
| 3 Month Average | 33.832 % | £57,852 | £228,852 |
| 6 Month Average | 29.906 % | £51,139 | £222,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £312,088 | £305,000 | 26 FRIARSIDE ROAD |
| 28 Sep 2023 | £562,398 | £550,000 | 290 WINGROVE ROAD NORTH |
| 22 Aug 2023 | £286,269 | £281,106 | 5 WOODBURN AVENUE |
| 30 Jun 2023 | £408,180 | £400,000 | 283 WINGROVE ROAD NORTH |
| 8 Jul 2022 | £227,277 | £225,000 | 33 WOODBURN AVENUE |
This house has a floor area of 109 sq meters or 1,175 sq feet when measured on 12 Oct 2010. Using an estimated price of £292,194 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on WOODBURN AVENUE is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodburn Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodburn Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodburn Avenue |
| May 2024 | Public order | Under investigation | On or near Woodburn Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Friarside Road |