£197,854
This estimated value is based upon the latest sale price for the house of £196,250 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Speckledwood Way
More crime details
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Price Paid | Date |
---|---|
£196,250 | 23 Jun 2023 |
£181,950 | 16 Apr 2021 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £196,250 results in an estimated price of approximately £197,854.
23 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.0 | 0.817 % | £196,250 | £1,604 | £197,854 |
The Postcode Pricing Model uses changes in average sales price within the NE13 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 | -3.155 % | £-6,191 | £190,058 |
3 Month Average | 5.707 % | £11,199 | £207,449 |
6 Month Average | 5.150 % | £10,106 | £206,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £397,521 | £390,000 | 9 GATEKEEPER CLOSE |
1 Dec 2023 | £295,592 | £290,000 | 235 ROSEDEN WAY |
27 Jul 2023 | £338,199 | £335,000 | 12 PEACOCK CHASE |
23 Jun 2023 | £197,854 | £196,250 | 90 SPECKLEDWOOD WAY |
2 Feb 2023 | £228,917 | £230,000 | 126 ROSEDEN WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Feb 2021. Using an estimated price of £197,854 means this house is valued at £2,127 per sq meter (£197 per sq foot).
The average size of a house on SPECKLEDWOOD WAY is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Speckledwood Way |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Speckledwood Way |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Speckledwood Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Peacock Chase |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Comma Close |