£171,774
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Sep 2019. 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 |
|---|---|
| £140,000 | 6 Sep 2019 |
| £125,000 | 16 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £140,000 results in an estimated price of approximately £171,774.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £140,000 | £31,774 | £171,774 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 37.031 % | £51,843 | £191,843 |
| 3 Month Average | -10.171 % | £-14,239 | £125,760 |
| 6 Month Average | 5.840 % | £8,176 | £148,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £156,234 | £153,500 | 11 DENE COURT JESMOND PARK EAST |
| 7 Dec 2023 | £169,974 | £167,000 | 32 PLESSEY TERRACE |
| 23 Aug 2023 | £176,544 | £175,000 | 45 WYNCOTE COURT |
| 7 Aug 2023 | £168,474 | £167,000 | 1 PLESSEY TERRACE |
| 28 Jul 2023 | £288,888 | £285,000 | 11 JESMOND PARK COURT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 4 Aug 2021. Using an estimated price of £171,775 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on WYNCOTE COURT is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wyncote Court |
| Jan 2024 | Vehicle crime | Under investigation | On or near Jesmond Park East |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Park East | |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Park East | |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Park East |