£304,912
This estimated value is based upon the latest sale price for the house of £251,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £251,000 | 17 Jan 2020 |
| Terraced |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £251,000 results in an estimated price of approximately £304,912.
| 17 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £251,000 | £53,912 | £304,912 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 54.480 % | £136,744 | £387,744 |
| 3 Month Average | 13.609 % | £34,157 | £285,157 |
| 6 Month Average | 19.428 % | £48,763 | £299,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £156,460 | £153,500 | 11 DENE COURT JESMOND PARK EAST |
| 23 Aug 2023 | £176,071 | £175,000 | 45 WYNCOTE COURT |
| 21 Aug 2023 | £173,052 | £172,000 | 64 NEWTON ROAD |
| 28 Jul 2023 | £287,722 | £285,000 | 11 JESMOND PARK COURT |
| 28 Feb 2023 | £166,214 | £167,000 | 14 DENE COURT JESMOND PARK EAST |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Oct 2019. Using an estimated price of £304,912 means this house is valued at £2,903 per sq meter (£269 per sq foot).
The average size of a house on WYNCOTE COURT is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyncote Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wyncote Court |
| Jan 2024 | Vehicle crime | Under investigation | On or near Jesmond Park East |