£326,976
This estimated value is based upon the latest sale price for the house of £69,950 on 30 Apr 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,950 | 30 Apr 1998 |
| Detached |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 April 1998 the House Price Index for TYNE AND WEAR was 31.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 367.443%.Applying this 367.443% change to the original purchase price of £69,950 results in an estimated price of approximately £326,976.
| 30 Apr 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 146.7 | 367.443 % | £69,950 | £257,026 | £326,976 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 205.983 % | £144,084 | £214,034 |
| 3 Month Average | 214.551 % | £150,078 | £220,028 |
| 6 Month Average | 177.613 % | £124,240 | £194,190 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Dec 2014.
The average size of a house on WOBURN DRIVE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Newstead Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Swanmore |
| Mar 2024 | Other theft | Under investigation | On or near Torphin Hill Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |