£161,127
This estimated value is based upon the latest sale price for the house of £93,500 on 5 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,500 | 5 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £93,500 results in an estimated price of approximately £161,127.
| 5 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £93,500 | £67,627 | £161,127 |
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 | 49.840 % | £46,599 | £140,099 |
| 3 Month Average | 28.314 % | £26,473 | £119,973 |
| 6 Month Average | 49.299 % | £46,094 | £139,594 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Apr 2012.
The average size of a house on WOOD STREET is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wood Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wynyard Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wynyard Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wynyard Street |