£205,517
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Oct 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 24 Oct 2019 |
Semi-Detached |
Freehold |
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 October 2019 the House Price Index for TYNE AND WEAR was 81.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 28.448%.Applying this 28.448% change to the original purchase price of £160,000 results in an estimated price of approximately £205,517.
24 Oct 2019 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.2 | 104.3 | 28.448 % | £160,000 | £45,517 | £205,517 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 66.301 % | £106,080 | £266,080 |
3 Month Average | 15.670 % | £25,071 | £185,071 |
6 Month Average | 16.037 % | £25,659 | £185,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £297,847 | £279,000 | 18 WOODLAND DRIVE |
1 Mar 2024 | £320,213 | £299,950 | 2 WOODVILLE CRESCENT |
12 May 2023 | £259,690 | £245,000 | 1 MELBOURNE PLACE |
21 Apr 2023 | £186,174 | £176,000 | 8 NORWAY AVENUE |
18 Jan 2023 | £192,955 | £185,000 | 15 NORWAY AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jul 2019. Using an estimated price of £205,517 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on WOODVILLE CRESCENT is 99 sq meters (1,068 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Under investigation | On or near Wavendon Crescent |
Jan 2025 | Anti-social behaviour | On or near Melbourne Place | |
Jan 2025 | Drugs | Under investigation | On or near Melbourne Place |
Jan 2025 | Anti-social behaviour | On or near Melbourne Place | |
Jan 2025 | Anti-social behaviour | On or near Melbourne Place |