£185,125
This estimated value is based upon the latest sale price for the house of £110,100 on 1 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,100 | 1 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £110,100 results in an estimated price of approximately £185,125.
| 1 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £110,100 | £75,025 | £185,125 |
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 | 37.710 % | £41,519 | £151,619 |
| 3 Month Average | 15.773 % | £17,366 | £127,466 |
| 6 Month Average | 25.492 % | £28,066 | £138,166 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Jul 2016.
The average size of a house on WARK COURT is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alnmouth Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alnmouth Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alnmouth Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Alnmouth Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Alnmouth Drive |