£125,745
This estimated value is based upon the latest sale price for the house of £55,100 on 12 Sep 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 |
---|---|
£55,100 | 12 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 September 2003 the House Price Index for TYNE AND WEAR was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £55,100 results in an estimated price of approximately £125,745.
12 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 148.6 | 128.213 % | £55,100 | £70,645 | £125,745 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 19.334 % | £10,652 | £65,752 |
3 Month Average | 60.002 % | £33,061 | £88,161 |
6 Month Average | 74.063 % | £40,808 | £95,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £420,662 | £415,000 | WOODTHORN STRATHMORE ROAD |
16 Jan 2023 | £696,718 | £700,000 | 23 BROCKWELL DRIVE |
23 Jun 2022 | £126,792 | £125,000 | 22 STEWARTSFIELD |
25 Mar 2022 | £170,983 | £165,000 | 49A BARKWOOD ROAD |
28 Feb 2022 | £125,843 | £120,000 | 6 LEAZES VIEW |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Sep 2020. Using an estimated price of £125,745 means this house is valued at £1,876 per sq meter (£174 per sq foot).
The average size of a house on BARKWOOD ROAD is 95 sq meters (1,029 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Woodlands Road | |
Mar 2024 | Anti-social behaviour | On or near Woodlands Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Road |
Mar 2024 | Anti-social behaviour | On or near Woodlands Road | |
Jan 2024 | Anti-social behaviour | On or near Woodlands Road |