£238,860
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Mar 2023 |
| £192,500 | 30 Jan 2017 |
| £188,500 | 30 Sep 2015 |
| £125,000 | 31 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 March 2023 the House Price Index for TYNE AND WEAR was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £240,000 results in an estimated price of approximately £238,860.
| 13 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £240,000 | £-1,139 | £238,860 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 14.775 % | £35,459 | £275,459 |
| 3 Month Average | -15.604 % | £-37,449 | £202,550 |
| 6 Month Average | 8.362 % | £20,068 | £260,068 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Mar 2015.
The average size of a house on PINEWOOD GARDENS is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Oakwood Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakwood Gardens |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Oakwood Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakwood Gardens |