£366,249
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Warkworth Woods
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Nov 2020 |
| £292,000 | 19 Oct 2018 |
| £280,000 | 12 Feb 2010 |
| £250,000 | 8 May 2003 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £320,000 results in an estimated price of approximately £366,249.
| 6 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £320,000 | £46,249 | £366,249 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -1.219 % | £-3,900 | £316,099 |
| 3 Month Average | -10.072 % | £-32,229 | £287,770 |
| 6 Month Average | 0.312 % | £997 | £320,997 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Jul 2020.
The average size of a house on WARKWORTH WOODS is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Warkworth Woods |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Queens Court |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Warkworth Woods |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Warkworth Woods |