£58,095
This estimated value is based upon the latest sale price for the house of £56,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£56,000 | 6 Apr 2022 |
£56,000 | 17 Mar 2011 |
Flats/Maisonettes |
Freehold |
Floor Area: 62 sq meters or 667 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £56,000 results in an estimated price of approximately £58,095.
6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £56,000 | £2,095 | £58,095 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -49.649 % | £-27,803 | £28,196 |
3 Month Average | -2.124 % | £-1,189 | £54,810 |
6 Month Average | 7.335 % | £4,107 | £60,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £51,585 | £50,000 | 146 WALLSEND ROAD |
28 Apr 2023 | £132,478 | £130,000 | 71 WALLSEND ROAD |
6 Apr 2023 | £64,710 | £63,500 | 144 WALLSEND ROAD |
19 Apr 2022 | £171,175 | £165,000 | 6 FORD AVENUE |
6 Apr 2022 | £58,096 | £56,000 | 128 WALLSEND ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Sep 2009. Using an estimated price of £58,096 means this house is valued at £937 per sq meter (£87 per sq foot).
The average size of a house on WALLSEND ROAD is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Beadnell Avenue | |
Apr 2024 | Anti-social behaviour | On or near Beadnell Avenue | |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beadnell Avenue |
Apr 2024 | Anti-social behaviour | On or near Beadnell Avenue | |
Apr 2024 | Vehicle crime | Under investigation | On or near Beadnell Avenue |