£115,416
This estimated value is based upon the latest sale price for the house of £95,580 on 20 May 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 |
|---|---|
| £95,580 | 20 May 2020 |
| £52,000 | 19 Jul 2019 |
| £88,000 | 8 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £95,580 results in an estimated price of approximately £115,416.
| 20 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £95,580 | £19,836 | £115,416 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -25.143 % | £-24,031 | £71,548 |
| 3 Month Average | -0.733 % | £-700 | £94,879 |
| 6 Month Average | 11.644 % | £11,129 | £106,709 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Jul 2019.
The average size of a house on THE WILLOWS is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Willows | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Willows |
| Feb 2024 | Anti-social behaviour | On or near The Willows | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Willows |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Willows |