£286,739
This estimated value is based upon the latest sale price for the house of £248,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£248,000 | 17 Dec 2020 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £248,000 results in an estimated price of approximately £286,739.
17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £248,000 | £38,739 | £286,739 |
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 | -47.967 % | £-118,957 | £129,042 |
3 Month Average | 6.494 % | £16,103 | £264,103 |
6 Month Average | 5.300 % | £13,144 | £261,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £240,461 | £235,000 | 73 SANDRINGHAM DRIVE |
25 Aug 2023 | £164,925 | £161,950 | 11 WILTON DRIVE |
23 Jun 2023 | £204,090 | £200,000 | 31 WILTON DRIVE |
6 Apr 2023 | £267,503 | £262,500 | 15 WILTON DRIVE |
31 Oct 2022 | £234,218 | £235,000 | 46 SANDRINGHAM DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 16 Jun 2020. Using an estimated price of £286,740 means this house is valued at £2,606 per sq meter (£242 per sq foot).
The average size of a house on WENTWORTH GARDENS is 109 sq meters (1,175 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wentworth Gardens |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilton Close |
Jun 2024 | Anti-social behaviour | On or near Wilton Close | |
Jun 2024 | Anti-social behaviour | On or near Wilton Close | |
May 2024 | Anti-social behaviour | On or near Wilton Close |