£197,664
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 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £160,000 results in an estimated price of approximately £197,664.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £160,000 | £37,664 | £197,664 |
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 | 47.217 % | £75,547 | £235,547 |
| 3 Month Average | 3.613 % | £5,780 | £165,780 |
| 6 Month Average | 15.846 % | £25,354 | £185,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £147,000 | £147,000 | 27 WOODVILLE CRESCENT |
| 15 May 2024 | £176,500 | £176,500 | 39 WOODVILLE CRESCENT |
| 6 Mar 2024 | £283,353 | £279,000 | 18 WOODLAND DRIVE |
| 1 Mar 2024 | £304,630 | £299,950 | 2 WOODVILLE CRESCENT |
| 25 Aug 2023 | £231,679 | £227,500 | 12 WOODVILLE CRESCENT |
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 £197,664 means this house is valued at £3,188 per sq meter (£296 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 |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodville Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodville Court |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodville Court |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |