£219,703
This estimated value is based upon the latest sale price for the house of £42,000 on 15 Apr 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£42,000 | 15 Apr 1997 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 April 1997 the House Price Index for TYNE AND WEAR was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £42,000 results in an estimated price of approximately £219,703.
15 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 148.6 | 423.104 % | £42,000 | £177,703 | £219,703 |
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 | 158.945 % | £66,756 | £108,756 |
3 Month Average | 185.832 % | £78,049 | £120,049 |
6 Month Average | 197.397 % | £82,906 | £124,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £63,439 | £62,500 | 17 EBOR STREET |
24 Mar 2023 | £131,236 | £130,000 | 109 WENLOCK ROAD |
17 Feb 2023 | £169,886 | £170,000 | 25 ROBSON CLOSE |
31 Jan 2023 | £895,780 | £900,000 | 136 WENLOCK ROAD |
5 Aug 2022 | £119,678 | £120,000 | 23 CAPULET GROVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Mar 2014. Using an estimated price of £219,704 means this house is valued at £2,414 per sq meter (£224 per sq foot).
The average size of a house on WENLOCK ROAD is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Wenlock Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wenlock Road |
Jan 2024 | Anti-social behaviour | On or near Wenlock Road | |
Jan 2024 | Anti-social behaviour | On or near Wenlock Road | |
Jan 2024 | Anti-social behaviour | On or near Wenlock Road |