£212,556
This estimated value is based upon the latest sale price for the house of £125,000 on 13 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£125,000 | 13 Feb 2013 |
£139,500 | 13 May 2005 |
£55,000 | 20 Apr 2000 |
Semi-Detached |
Leasehold |
Floor Area: 73 sq meters or 785 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £125,000 results in an estimated price of approximately £212,556.
13 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £125,000 | £87,556 | £212,556 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -5.705 % | £-7,130 | £117,869 |
3 Month Average | 2.872 % | £3,589 | £128,589 |
6 Month Average | 13.572 % | £16,964 | £141,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £287,416 | £283,000 | 10 WYNBURY ROAD |
28 Apr 2023 | £189,036 | £185,500 | 20 LANTHWAITE ROAD |
27 Mar 2023 | £163,734 | £161,000 | 1 BUTTERMERE GARDENS |
2 Sep 2022 | £200,866 | £201,000 | 81 WYNBURY ROAD |
29 Jul 2022 | £247,480 | £245,000 | 23 BUTTERMERE GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 18 Oct 2014. Using an estimated price of £212,557 means this house is valued at £2,911 per sq meter (£270 per sq foot).
The average size of a house on WYNBURY ROAD is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whinlatter Gardens |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langdale Road |
Jul 2024 | Other crime | Under investigation | On or near The Plantation |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Plantation |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |