£543,248
This estimated value is based upon the latest sale price for the house of £324,600 on 28 Sep 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £324,600 | 28 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,333 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 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.359%.Applying this 67.359% change to the original purchase price of £324,600 results in an estimated price of approximately £543,248.
| 28 Sep 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.359 % | £324,600 | £218,648 | £543,248 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 0.158 % | £513 | £325,113 |
| 3 Month Average | 5.653 % | £18,349 | £342,949 |
| 6 Month Average | 32.979 % | £107,050 | £431,650 |
This house has a floor area of 123 sq meters or 1,333 sq feet when measured on 18 Feb 2010.
The average size of a house on THE GENERALS WOOD is 168 sq meters (1,818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| Mar 2024 | Anti-social behaviour | On or near New Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Road |
| Feb 2024 | Anti-social behaviour | On or near New Road | |
| Feb 2024 | Anti-social behaviour | On or near New Road |