£411,431
This estimated value is based upon the latest sale price for the house of £337,750 on 14 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £337,750 | 14 Jul 2020 |
| £317,000 | 21 Jul 2014 |
| £280,295 | 26 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £337,750 results in an estimated price of approximately £411,431.
| 14 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £337,750 | £73,681 | £411,431 |
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 | 527.622 % | £1,782,043 | £2,119,793 |
| 3 Month Average | 19.600 % | £66,197 | £403,947 |
| 6 Month Average | 6.659 % | £22,489 | £360,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £487,062 | £476,000 | 29 NETHERWITTON WAY |
| 2 Jun 2023 | £290,828 | £285,000 | 65 NETHERWITTON WAY |
| 19 Jan 2023 | £290,777 | £290,000 | 19 BRACKENPETH MEWS |
| 24 Jun 2022 | £454,720 | £445,000 | 17 BRACKENPETH MEWS |
| 9 Jun 2022 | £480,266 | £470,000 | 14 NETHERWITTON WAY |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 15 Apr 2014. Using an estimated price of £411,431 means this house is valued at £2,188 per sq meter (£203 per sq foot).
The average size of a house on NETHERWITTON WAY is 160 sq meters (1,727 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Branckenpeth Mews | |
| May 2024 | Anti-social behaviour | On or near Dally Mews | |
| May 2024 | Anti-social behaviour | On or near Dally Mews | |
| May 2024 | Anti-social behaviour | On or near Dally Mews | |
| Jul 2024 | Anti-social behaviour | On or near East Brunton Wynd |