£204,715
This estimated value is based upon the latest sale price for the house of £133,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£133,000 | 18 Jul 2014 |
Semi-Detached |
Leasehold |
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 July 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £133,000 results in an estimated price of approximately £204,715.
18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £133,000 | £71,715 | £204,715 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 38.154 % | £50,745 | £183,745 |
3 Month Average | 6.044 % | £8,038 | £141,038 |
6 Month Average | 22.225 % | £29,559 | £162,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £164,000 | £164,000 | 3 CORRY COURT |
6 Mar 2024 | £283,353 | £279,000 | 18 WOODLAND DRIVE |
30 Jun 2023 | £122,454 | £120,000 | 69 HEXHAM ROAD |
28 Apr 2023 | £82,544 | £81,000 | 61 HEXHAM ROAD |
4 Feb 2022 | £227,138 | £215,000 | 2 SOUTHMAYNE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wavendon Crescent |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavendon Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Wavendon Crescent |
Jun 2024 | Other theft | Under investigation | On or near Wavendon Crescent |