£112,410
This estimated value is based upon the latest sale price for the house of £84,000 on 28 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Tudor Wynd
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Price Paid | Date |
---|---|
£84,000 | 28 Sep 2016 |
£94,500 | 2 Apr 2014 |
£105,000 | 18 Dec 2009 |
£113,000 | 29 Jun 2006 |
£82,500 | 19 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £84,000 results in an estimated price of approximately £112,410.
28 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £84,000 | £28,410 | £112,410 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 94.455 % | £79,341 | £163,341 |
3 Month Average | 66.546 % | £55,898 | £139,898 |
6 Month Average | 40.906 % | £34,360 | £118,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Oct 2024 | £300,000 | £300,000 | 17 TUDOR WYND |
7 Jun 2024 | £125,000 | £125,000 | 21 ST ALBANS CRESCENT |
16 Jun 2023 | £137,761 | £135,000 | 27 ST ALBANS CRESCENT |
2 Mar 2023 | £124,581 | £122,500 | 36 ST ALBANS CRESCENT |
9 Feb 2023 | £120,807 | £120,000 | 2 ST ALBANS CRESCENT |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Jun 2019. Using an estimated price of £112,411 means this house is valued at £1,938 per sq meter (£180 per sq foot).
The average size of a house on BENFIELD ROAD is 68 sq meters (737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Tudor Wynd |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Allerton Gardens |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Faldonside |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bosworth Gardens |
Oct 2024 | Public order | Under investigation | On or near Vancouver Drive |