£601,942
This estimated value is based upon the latest sale price for the house of £135,000 on 6 Apr 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£135,000 | 6 Apr 1999 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,463 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 1999 the House Price Index for TYNE AND WEAR was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £135,000 results in an estimated price of approximately £601,942.
6 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £135,000 | £466,942 | £601,942 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 42.769 % | £57,738 | £192,738 |
3 Month Average | 221.957 % | £299,642 | £434,642 |
6 Month Average | 257.880 % | £348,138 | £483,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £324,809 | £320,000 | 44 SHIBDON ROAD |
12 Jan 2023 | £111,475 | £112,000 | 7 BIRCHAM DRIVE |
18 Nov 2022 | £424,854 | £430,000 | 4 WOODLANDS PARK DRIVE |
26 Aug 2022 | £114,691 | £115,000 | 8 HIGH AXWELL |
28 Jul 2022 | £382,028 | £381,000 | 4 ASHLEIGH CLOSE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 13 Oct 2020. Using an estimated price of £601,943 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on WOODLANDS PARK DRIVE is 168 sq meters (1,813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shibdon Road |
Apr 2024 | Possession of weapons | Under investigation | On or near Ashleigh Close |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shibdon Park View |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shibdon Park View |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shibdon Park View |