£240,561
This estimated value is based upon the latest sale price for the house of £189,950 on 22 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£189,950 | 22 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £189,950 results in an estimated price of approximately £240,561.
22 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £189,950 | £50,611 | £240,561 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -57.206 % | £-108,663 | £81,286 |
3 Month Average | -7.029 % | £-13,351 | £176,598 |
6 Month Average | -7.897 % | £-14,999 | £174,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £225,113 | £220,000 | 19 MANDLESTON CLOSE |
23 Jun 2023 | £270,368 | £264,950 | 39 WOODHAM DRIVE |
27 Mar 2023 | £154,582 | £152,000 | 67 WOODHAM DRIVE |
20 Feb 2023 | £276,849 | £275,000 | 22 WILSHIRE CLOSE |
9 Aug 2022 | £192,400 | £191,500 | 14 WILSHIRE CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Dec 2017. Using an estimated price of £240,562 means this house is valued at £2,335 per sq meter (£216 per sq foot).
The average size of a house on WOODHAM DRIVE is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilshire Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bevan Avenue |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Stafford Grove |
Apr 2024 | Anti-social behaviour | On or near Garesfield | |
Apr 2024 | Anti-social behaviour | On or near Garesfield |