£230,063
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Jun 2007 |
| £93,500 | 28 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £145,000 results in an estimated price of approximately £230,063.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £145,000 | £85,063 | £230,063 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -2.329 % | £-3,377 | £141,622 |
| 3 Month Average | 4.924 % | £7,140 | £152,140 |
| 6 Month Average | 15.095 % | £21,887 | £166,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £293,756 | £290,000 | 9 ASHLEIGH ROAD |
| 8 Sep 2023 | £139,281 | £137,500 | 20 WOODBROOK AVENUE |
| 28 Jul 2023 | £162,183 | £160,000 | 2 WOODBROOK AVENUE |
| 30 Jun 2023 | £139,692 | £138,000 | 43 WOODBROOK AVENUE |
| 10 Mar 2023 | £183,731 | £182,000 | 11 ASHLEIGH ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Oct 2013. Using an estimated price of £230,064 means this house is valued at £2,255 per sq meter (£209 per sq foot).
The average size of a house on WOODBROOK AVENUE is 88 sq meters (949 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodbrook Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodbrook Avenue |
| Mar 2024 | Other theft | Under investigation | On or near The Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Drive |