£4,197
This estimated value is based upon the latest sale price for the house of £3,690 on 15 Apr 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £3,690 | 15 Apr 2021 |
| £128,000 | 13 Nov 2020 |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2021 the House Price Index for TYNE AND WEAR was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £3,690 results in an estimated price of approximately £4,197.
| 15 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £3,690 | £507 | £4,197 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -54.217 % | £-2,000 | £1,689 |
| 3 Month Average | -35.612 % | £-1,314 | £2,375 |
| 6 Month Average | 6.923 % | £255 | £3,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £172,500 | £172,500 | 33 MAIN ROAD |
| 8 Dec 2023 | £214,078 | £207,500 | 3 WOODSIDE WAY |
| 27 Nov 2023 | £138,516 | £135,000 | RYDAL WOODSIDE LANE |
| 14 Apr 2023 | £285,337 | £280,000 | BEAUMONT HOUSE, 53 MAIN ROAD |
| 10 Feb 2023 | £211,412 | £210,000 | RESTU, 47 MAIN ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jun 2020. Using an estimated price of £4,198 means this house is valued at £53 per sq meter (£4 per sq foot).
The average size of a house on WOODSIDE WAY is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Woodside Way | |
| Jun 2024 | Anti-social behaviour | On or near Woodside Way | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beechwood Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Woodside Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Grange Crescent |