£218,942
This estimated value is based upon the latest sale price for the house of £164,950 on 23 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£164,950 | 23 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £164,950 results in an estimated price of approximately £218,942.
23 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £164,950 | £53,992 | £218,942 |
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 | -42.437 % | £-69,999 | £94,950 |
3 Month Average | 11.593 % | £19,121 | £184,071 |
6 Month Average | -5.332 % | £-8,794 | £156,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
10 Dec 2021 | £286,017 | £265,000 | 82 WOODHAM DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 11 Nov 2016. Using an estimated price of £218,943 means this house is valued at £3,083 per sq meter (£286 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 | Other theft | Under investigation | On or near Garesfield |
Apr 2024 | Anti-social behaviour | On or near Garesfield |