£107,341
This estimated value is based upon the latest sale price for the house of £87,500 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,500 | 19 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £87,500 results in an estimated price of approximately £107,341.
| 19 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £87,500 | £19,841 | £107,341 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -22.510 % | £-19,696 | £67,803 |
| 3 Month Average | 4.136 % | £3,618 | £91,118 |
| 6 Month Average | 10.882 % | £9,521 | £97,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £99,745 | £98,000 | 17 EAVERS COURT |
| 28 Apr 2023 | £103,616 | £102,500 | 12 BROWN TOP PLACE |
| 3 Mar 2023 | £95,904 | £95,000 | 2 EAVERS COURT |
| 2 Sep 2022 | £123,007 | £124,000 | 2 LOUDON STREET |
| 30 May 2022 | £234,417 | £230,000 | 4 STRATHMORE GARDENS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Aug 2019. Using an estimated price of £107,342 means this house is valued at £1,206 per sq meter (£112 per sq foot).
The average size of a house on WINDLASS COURT is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Windlass Court | |
| Mar 2024 | Drugs | Under investigation | On or near Bensham Court |
| Dec 2023 | Other theft | Under investigation | On or near Bensham Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lane Corner |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lane Corner |