£166,359
This estimated value is based upon the latest sale price for the house of £135,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 13 Apr 2018 |
| £150,000 | 16 Mar 2018 |
| £118,500 | 24 Sep 2004 |
| £52,000 | 2 Jul 1999 |
| £37,500 | 6 Jun 1997 |
| £34,000 | 22 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in April 2018 the House Price Index for NORTHUMBERLAND was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £135,000 results in an estimated price of approximately £166,359.
| 13 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £135,000 | £31,359 | £166,359 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 5.654 % | £7,633 | £142,633 |
| 3 Month Average | -19.003 % | £-25,653 | £109,346 |
| 6 Month Average | -8.558 % | £-11,553 | £123,446 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Nov 2017.
The average size of a house on WANLESS LANE is 175 sq meters (1,883 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rede Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Rede Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rede Avenue |
| Mar 2024 | Anti-social behaviour | On or near Bondgate Court | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allen Drive |