£256,822
This estimated value is based upon the latest sale price for the house of £152,150 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £152,150 | 8 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £152,150 results in an estimated price of approximately £256,822.
| 8 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £152,150 | £104,672 | £256,822 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | -22.398 % | £-34,079 | £118,070 |
| 3 Month Average | 0.336 % | £511 | £152,661 |
| 6 Month Average | 15.929 % | £24,236 | £176,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £62,000 | £62,000 | 36 WILLOW BANK COURT |
| 14 Dec 2023 | £70,229 | £69,000 | 29 LANGHOLM COURT |
| 7 Dec 2023 | £111,959 | £110,000 | 4 STATION TERRACE |
| 3 Nov 2023 | £39,586 | £39,000 | 28 WILLOW BANK COURT |
| 2 Aug 2023 | £85,750 | £85,000 | 18 WILLOW BANK COURT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 18 Oct 2012. Using an estimated price of £256,823 means this house is valued at £2,517 per sq meter (£233 per sq foot).
There is one other house on the street which we know the size of, this is 9 GLENCOURSE it is 123.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Glencourse |
| Mar 2024 | Public order | Under investigation | On or near Glencourse |
| Mar 2024 | Shoplifting | Under investigation | On or near Glencourse |
| Mar 2024 | Shoplifting | Under investigation | On or near Glencourse |
| Mar 2024 | Anti-social behaviour | On or near Glencourse |