£195,905
This estimated value is based upon the latest sale price for the house of £117,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,000 | 15 Jun 2012 |
| £142,500 | 10 Dec 2004 |
| £53,000 | 19 Jun 1998 |
| £37,500 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,139 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 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £117,000 results in an estimated price of approximately £195,905.
| 15 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.441 % | £117,000 | £78,905 | £195,905 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -21.887 % | £-25,607 | £91,392 |
| 3 Month Average | -5.722 % | £-6,695 | £110,304 |
| 6 Month Average | 24.872 % | £29,100 | £146,100 |
This house has a floor area of 105 sq meters or 1,139 sq feet when measured on 30 Apr 2009.
The average size of a house on WOODLANDS TERRACE is 171 sq meters (1,849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Fairies Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairies Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fairies Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairies Street |
| Feb 2024 | Anti-social behaviour | On or near Fairies Street |