£323,645
This estimated value is based upon the latest sale price for the house of £175,000 on 28 May 2009. 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 | 28 May 2009 |
| £210,000 | 19 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £175,000 results in an estimated price of approximately £323,645.
| 28 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £175,000 | £148,645 | £323,645 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 29.748 % | £52,059 | £227,059 |
| 3 Month Average | 41.830 % | £73,201 | £248,201 |
| 6 Month Average | 35.114 % | £61,449 | £236,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £557,123 | £550,000 | 290 WINGROVE ROAD NORTH |
| 25 Aug 2023 | £355,107 | £352,000 | 313 WINGROVE ROAD NORTH |
| 22 Aug 2023 | £283,587 | £281,106 | 5 WOODBURN AVENUE |
| 21 Jul 2023 | £456,139 | £450,000 | 280 WINGROVE ROAD NORTH |
| 30 Jun 2023 | £404,905 | £400,000 | 283 WINGROVE ROAD NORTH |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 6 Aug 2013. Using an estimated price of £323,645 means this house is valued at £2,201 per sq meter (£204 per sq foot).
The average size of a house on WOODBURN AVENUE is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Woodburn Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Woodburn Avenue | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodburn Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodburn Avenue |
| Dec 2023 | Other crime | Under investigation | On or near Woodburn Avenue |