£173,135
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£140,000 | 18 Apr 2019 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 723 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £140,000 results in an estimated price of approximately £173,135.
18 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £140,000 | £33,135 | £173,135 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -6.587 % | £-9,222 | £130,777 |
3 Month Average | -6.366 % | £-8,912 | £131,087 |
6 Month Average | -0.978 % | £-1,369 | £138,630 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £343,001 | £340,000 | 7 KILLINGWORTH ROAD |
17 Jul 2023 | £309,161 | £305,000 | 11 EARLINGTON COURT |
10 Feb 2023 | £290,804 | £291,000 | 6 OAKFIELD TERRACE |
28 Jan 2022 | £189,433 | £180,000 | 2 EARLINGTON COURT |
27 Jan 2022 | £189,433 | £180,000 | 4 KILLINGWORTH ROAD |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 24 Jun 2009. Using an estimated price of £173,135 means this house is valued at £2,576 per sq meter (£239 per sq foot).
The average size of a house on WOODLANDS TERRACE is 117 sq meters (1,265 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (723 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near B1505 |
Jan 2024 | Anti-social behaviour | On or near B1505 | |
Jan 2024 | Anti-social behaviour | On or near B1505 | |
Jan 2024 | Anti-social behaviour | On or near B1505 | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near B1505 |