£59,593
This estimated value is based upon the latest sale price for the house of £60,000 on 18 Aug 2023. 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 |
|---|---|
| £60,000 | 18 Aug 2023 |
| £60,000 | 15 Mar 2006 |
| £30,000 | 7 Sep 2004 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 612 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 August 2023 the House Price Index for TYNE AND WEAR was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £60,000 results in an estimated price of approximately £59,593.
| 18 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £60,000 | £-406 | £59,593 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -29.903 % | £-17,941 | £42,058 |
| 3 Month Average | -7.267 % | £-4,360 | £55,639 |
| 6 Month Average | -3.134 % | £-1,880 | £58,119 |
This house has a floor area of 56 sq meters or 612 sq feet when measured on 26 Feb 2009.
The average size of a house on WENLOCK ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Madras Street |
| Mar 2024 | Anti-social behaviour | On or near Madras Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Madras Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Madras Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Madras Street |