£369,440
This estimated value is based upon the latest sale price for the house of £158,000 on 16 May 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £158,000 | 16 May 2003 |
| Detached |
| Leasehold |
| Floor Area: 109 sq meters or 1,173 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 May 2003 the House Price Index for TYNE AND WEAR was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £158,000 results in an estimated price of approximately £369,440.
| 16 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 146.7 | 133.823 % | £158,000 | £211,440 | £369,440 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 90.335 % | £142,730 | £300,730 |
| 3 Month Average | 99.936 % | £157,898 | £315,898 |
| 6 Month Average | 123.166 % | £194,602 | £352,602 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Oct 2013.
The average size of a house on WENSLEY CLOSE is 126 sq meters (1,359 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wensley Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oulton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dereham Court |
| Jan 2024 | Anti-social behaviour | On or near Dereham Court | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Dereham Court |