45 WELL RIDGE CLOSE

£470,211

Full Address

45 WELL RIDGE CLOSE
WHITLEY BAY
TYNE AND WEAR
UNITED KINGDOM
NE25 9PN

Estimated Market Value

£470,211

This estimated value is based upon the latest sale price for the house of £415,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Map

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Transactions for this house
Price PaidDate
£415,00011 Dec 2020
House Details
Detached
Freehold
Floor Area: 104 sq meters or 1,119 sq feet

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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.

Applying this 13.304% change to the original purchase price of £415,000 results in an estimated price of approximately £470,211.

11 Dec 2020 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
129.5 146.7 13.304 % £415,000 £55,211 £470,211

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 14.519 % £60,253 £475,253
3 Month Average -5.991 % £-24,862 £390,137
6 Month Average -5.280 % £-21,911 £393,088
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 24 Jul 2020.

The average size of a house on WELL RIDGE CLOSE is 175 sq meters (1,892 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Other theft Investigation complete; no suspect identified On or near Well Ridge Park
Jan 2024 Violence and sexual offences Under investigation On or near Well Ridge Park
Jan 2024 Violence and sexual offences Under investigation On or near Well Ridge Park
Dec 2023 Violence and sexual offences Under investigation On or near Westgate Close
Jan 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Huntly Road

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Companies Near Here
PRODIGAL GROUP LIMITED
39 Well Ridge Close Whitley Bay England NE25 9PN
GENHAWK LIMITED
11 Well Ridge Close Whitley Bay England NE25 9PN
BROADWAKE LIMITED
11 Well Ridge Close Whitley Bay England NE25 9PN
MWROBSON CASE HANDLER LIMITED
31 WELL RIDGE CLOSE WHITLEY BAY TYNE/WEAR UNITED KINGDOM NE25 9PN
ORCHESTRA NORTH EAST PRODUCTIONS LIMITED
4 Caseton Close Whitley Bay England NE25 9PL

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People Near Here
Mr Martin Gerard Hardy
36 Well Ridge Close, NE25 9PN
MR JOHN MATTHEW FICKLING Historic Information ENGINEERING DIRECTOR
62 GAINSBOROUGH CLOSE, NE25 9XB
Mr Matthew William Robson
31 Well Ridge Close, NE25 9PN
Dr Annamma Abdul Salam
11 Well Ridge Close, NE25 9PN
Mrs Jacqueline Lord
35 Well Ridge Close, NE25 9PN
HENRY THOMAS JOHNSON Historic Information RETIRED
42 GAINSBOROUGH CLOSE, NE25 9XB
Ms Seema Salam
11 Well Ridge Close, NE25 9PN
CHRISTOPHER JOHN JONES Historic Information DIRECTOR
45 WELL RIDGE CLOSE, NE25 9PN
IAIN ROBERT BAILEY Historic Information
12 WELL RIDGE PARK, NE25 9PQ
SAWTANTAR KUMAR PANDIT Historic Information MANAGER
1 WELL RIDGE CLOSE, NE25 9PN
Mr Ben Anthony Emery
42 Well Ridge Close, NE25 9PN
DIRECTOR Jeffrey Richard, Director BURN Company Director
33 Well Ridge Close, Red House Farm, NE25 9PN
RACHEL MARY FAIRGRIEVE Historic Information CREDIT CONTROLLER
3 CASETON CLOSE, RED HOUSE FARM, NE25 9PL
Mr Peter Reed
38 Gainsborough Close, NE25 9XB
Reshmi Salam
11 Well Ridge Close, NE25 9PN
EMMA TRAYNOR Historic Information
58 GAINSBOROUGH CLOSE, NE25 9XB
MR TORE SKJAERSTAD DIRECTOR
47 WELL RIDGE CLOSE, NE25 9PN
MRS PAULINE ANNE PIDDINGTON Historic Information MANAGER
5 WELL RIDGE CLOSE, NE25 9PN
BRIAN DONALD ROYCE Historic Information CHARTERED SURVEYOR
74 GAINSBOROUGH CLOSE, NE25 9XB
ARTHUR SUTTLE WHEATLEY Historic Information CO DIRECTOR
2 WELL RIDGE CLOSE, RED HOUSE FARM, NE25 9PN
MR John Gordon LORD Managing Director
35 Well Ridge Close, NE25 9PN
MR Paul MOYES Operations Director
40 Gainsborough Close, Beaumont Park, NE25 9XB
LORNA SKJAERSTAD Historic Information
47 WELL RIDGE CLOSE, NE25 9PN
Dr Nooh Khan Abdul Salam
11 Well Ridge Close, NE25 9PN
IAN DAVID FAIRGRIEVE Historic Information MANAGER
3 CASETON CLOSE, NE25 9PL
Miss Joanna Lindsay Mccoll
8 Well Ridge Close, NE25 9PN
Broadwake Limited
11 Well Ridge Close, NE25 9PN
Mrs Susan Carol Reed
38 Gainsborough Close, NE25 9XB
RESHMI SALAM STUDENT
11 WELL RIDGE CLOSE, NE25 9PN
JOHN NICHOLAS JAMES Historic Information
20 WELL RIDGE PARK, NE25 9PQ
ROBERT THOMAS WADE Historic Information MD SERVICES UK
10 WELL RIDGE CLOSE, RED HOUSE FARM, NE25 9PN
DAVID BELL MONAGHAN Historic Information COMPANY DIRECTOR
43 WELL RIDGE CLOSE, REDHOUSE FARM, NE25 9PN
MR JOHN ALEXANDER SLIDER Historic Information SENIOR MANUFACTURING DIRECTOR
14 WELL RIDGE CLOSE, NE25 9PN
Mr Tom Reece Carding
8 Well Ridge Close, NE25 9PN

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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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