3 WELL LANE

£263,698

Full Address

3 WELL LANE
MURTON VILLAGE
NEWCASTLE UPON TYNE
TYNE AND WEAR
UNITED KINGDOM
NE27 0LU

Estimated Market Value

£263,698

This estimated value is based upon the latest sale price for the house of £168,000 on 27 May 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Transactions for this house
Price PaidDate
£168,00027 May 2008
£87,00024 Jun 2002
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 2008 the House Price Index for TYNE AND WEAR was 93.5.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.963%.

Applying this 56.963% change to the original purchase price of £168,000 results in an estimated price of approximately £263,698.

27 May 2008 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
93.5 146.7 56.963 % £168,000 £95,698 £263,698

The Postcode Pricing Model uses changes in average sales price within the NE27 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 20.061 % £33,702 £201,702
3 Month Average -0.597 % £-1,003 £166,996
6 Month Average 7.431 % £12,484 £180,484
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Criminal damage and arson Awaiting court outcome On or near The Bridle
Jan 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Sherwood
Dec 2023 Violence and sexual offences Under investigation On or near Warenton Place
Mar 2024 Anti-social behaviour On or near New York Road
Jan 2024 Violence and sexual offences Under investigation On or near New York Road

View full details of these crimes and others in this area

Companies Near Here
JUNK CLUB MUSIC LTD
7 Sherwood Close Murton Village Newcastle Upon Tyne United Kingdom NE27 0LS
GAS HERO NE LTD
6 Sherwood Close Murton Village Newcastle United Kingdom NE27 0LS
INFRASIM RESEARCH LTD
1 Sherwood Close Murton Village Newcastle Upon Tyne United Kingdom NE27 0LS
HARMONY IN HORSES COMMUNITY INTEREST COMPANY
Murton Ec The Bridle Newcastle Upon Tyne Tyne And Wear United Kingdom NE27 0QD
D.LISH CEILINGS LTD
15 Warenton Place North Shields England NE29 8ES

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People Near Here
Mr Guy Tucker Historic Information
10 Murton Lane, NE27 0LR
MR NEIL SMEE Historic Information TAX CONSULTANT
5 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
Mr Chakravarthi Yalamanchili
1 Pennyfine Court, New York Road, NE29 8EL
MR PAUL BENNETT
1 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
MR LESLIE HODGSON Historic Information MOTOR DEALER
MOORLANDS MURTON VILLAGE, SHIREMOOR, NE27 0LU
MRS CARON FOLEY DIRECTOR
6 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
Mrs Esther Olusola Osomo
13 Greenlea, NE29 8HQ
Mr Alan Norman Birkett
18 Locksley Close, New York, NE29 8EN
ELAINE RANNIE Historic Information
50 LOCKSLEY CLOSE, NE29 8EN
MR OWEN PATRICK WELSH Historic Information ACTOR
129 BROOKLAND TERRACE, NE29 8EA
MR Peter Raymond ALLEN Supervisor
47 Locksley Close, New York, NE29 8EN
Mr Dhana Sekhar Ayyala
39 Forsyth Street, NE29 8ED
Mr Dean Edward Foulger
4 Warenton Place, NE29 8ES
Miss Charishma Alavala
1 Pennyfine Court New York Road, NE29 8EL
JOANNE CARLISLE Historic Information COMPLEMENTARY THERAPIST
NORTH FARM COTTAGE, MURTON VILLAGE, NE27 0LR
MRS JOANNE GRACE ALLEN Historic Information PROPERTY MANAGER
47 LOCKSLEY CLOSE, NEW YORK, NE29 8EN
MRS NORMA TULLOCK HEAD OF FACILITIES
45 SHERWOOD, MURTON VILLAGE, NE27 0LT
DEREK WATSON DIRECTOR
17 SHERWOOD, NE27 0LT
MR Nicholas Gordon HARRISON Deliveries
30 Locksley Close, NE29 8EN
LEWIS MORTON DIRECTOR
14 SHERWOOD, MURTON VILLAGE, NE27 0LT
Shaun Best Historic Information
198 Brookland Terrace, NE29 8EP
Mr Paul Cameron
37 Locksley Close, NE29 8EN
Mr Peter Wilson Wilson
7 Sherwood Close, Murton Village, NE27 0LS
MRS DENISE CAMERON PRODUCTION WORKER
37 LOCKSLEY CLOSE, NE29 8EN
Mr Danny James Lishman
4 Warenton Place, NE29 8ES
MRS ELIZABETH SPOWART HODGSON
MOORLANDS MURTON VILLAGE, SHIREMOOR, NE27 0LU
LOUISE ANNE ECKFORD Historic Information FINANCE & OPS MGR
7 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
Mr Lewis Robert Larmouth
278 New York Road, NE29 8EL
Mr Sylvester Sebastiano Spinelli
260 New York Road , NE29 8EL
MR KEVIN BRANDON
192 BROOKLAND TERRACE, NEW YORK, NE29 8EP
Mrs Manida Shek
123 Brookland Terrace, New York, NE29 8EA
MR SHAUN BEST COMPANY DIRECTOR
198 BROOKLAND TERRACE, NE29 8EP
Mr Deniz Silahtaroglu
178 Brookland Terrace, NE29 8EP
HARRY MORGAN Historic Information REGIONAL OFFICER AEU
16 SHERWOOD, MURTON VILLAGE, NE27 0LT
MR GARETH FOLEY GAS ENGINEER
6 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
Mr Jordan William Mathieson Fairley
10 Greenlea , NE29 8HQ
MR GRAEME BRYAN MORAN FARRIER
18 SHERWOOD, MURTON VILLAGE, NE27 0LT
SARA ANN MORGAN EVANS Historic Information MANAGER
17 SHERWOOD, NE27 0LT
VERA RICHARDSON Historic Information HOUSEWIFE
16 SHERWOOD CLOSE, MURTON VILLAGE, NE27 0LS
MR JEFFREY BRIAN MORGAN Historic Information COMMUNITY ENGAGEMENT CO-ORDINATOR
156 BROOKLAND TERRACE, NE29 8EP
Lewis Morton Historic Information
22 Sherwood, Murton Village, NE27 0LT
LISA KATHRYN WALKER
18 LOCKSLEY CLOSE, NEW YORK, NE29 8EN
MR DALE PEARCE RECRUITMENT CONSULTANT
42 LOCKSLEY CLOSE, NE29 8EN

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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