£522,636
This estimated value is based upon the latest sale price for the house of £299,350 on 17 Jun 2011. 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 |
|---|---|
| £299,350 | 17 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £299,350 results in an estimated price of approximately £522,636.
| 17 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £299,350 | £223,286 | £522,636 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -19.140 % | £-57,294 | £242,055 |
| 3 Month Average | 68.515 % | £205,098 | £504,448 |
| 6 Month Average | 73.450 % | £219,871 | £519,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £875,000 | £875,000 | 16 BEAUMONT DRIVE |
| 4 Mar 2024 | £314,837 | £310,000 | 10 RODNEY WAY |
| 2 Oct 2023 | £409,296 | £400,000 | 33 WOODBURN SQUARE |
| 29 Sep 2023 | £265,861 | £260,000 | 93 WOODBURN SQUARE |
| 28 Apr 2023 | £93,117 | £91,375 | 4 RODNEY COURT |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 17 Jan 2011. Using an estimated price of £522,637 means this house is valued at £4,649 per sq meter (£431 per sq foot).
The average size of a house on WOODBURN SQUARE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Rodney Way | |
| Jun 2024 | Anti-social behaviour | On or near Nevis Way | |
| Jun 2024 | Anti-social behaviour | On or near Nevis Way | |
| Jun 2024 | Anti-social behaviour | On or near Nevis Way | |
| Jun 2024 | Anti-social behaviour | On or near Nevis Way |