£666,812
This estimated value is based upon the latest sale price for the house of £175,000 on 19 May 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 19 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 May 2000 the House Price Index for TYNE AND WEAR was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £175,000 results in an estimated price of approximately £666,812.
19 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 149.7 | 281.036 % | £175,000 | £491,812 | £666,812 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 31.504 % | £55,132 | £230,132 |
3 Month Average | 194.859 % | £341,003 | £516,003 |
6 Month Average | 214.968 % | £376,194 | £551,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £1,117,164 | £1,100,000 | WYLAM WOOD HOUSE WYLAM WOOD ROAD |
28 Nov 2023 | £305,248 | £297,500 | 35 CASTLE HILL HOUSE |
31 Aug 2023 | £712,857 | £700,000 | THE STEADINGS CASTLE HILL FARM |
1 Aug 2023 | £183,306 | £180,000 | 42 CASTLE HILL HOUSE |
13 Jun 2023 | £173,476 | £170,000 | 15 CASTLE HILL HOUSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Crawcrook Lane | |
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Crawcrook Lane |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crawcrook Lane |
Aug 2024 | Anti-social behaviour | On or near Wylam | |
Aug 2024 | Anti-social behaviour | On or near Wylam |