£230,297
This estimated value is based upon the latest sale price for the house of £159,995 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £159,995 | 31 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £159,995 results in an estimated price of approximately £230,297.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £159,995 | £70,302 | £230,297 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -9.800 % | £-15,680 | £144,314 |
| 3 Month Average | -4.261 % | £-6,817 | £153,177 |
| 6 Month Average | 8.155 % | £13,048 | £173,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £66,158 | £65,000 | 5 NEWLAND COURT |
| 8 Dec 2023 | £130,279 | £128,000 | 12 BROADFIELD PLACE |
| 3 Nov 2023 | £81,202 | £80,000 | 9 COXFOOT CLOSE |
| 3 Nov 2023 | £117,743 | £116,000 | 16 NEWLAND COURT |
| 21 Jul 2023 | £112,514 | £111,000 | 63 NORA STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Jul 2015. Using an estimated price of £230,298 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on THE WYNDE is 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harton Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hardyards Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moorhouse Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moorhouse Close |