£45,147
This estimated value is based upon the latest sale price for the house of £8,000 on 22 Mar 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Pensher View
More crime details
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Price Paid | Date |
---|---|
£8,000 | 22 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 March 1996 the House Price Index for TYNE AND WEAR was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £8,000 results in an estimated price of approximately £45,147.
22 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 148.6 | 464.349 % | £8,000 | £37,147 | £45,147 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 109.031 % | £8,722 | £16,722 |
3 Month Average | 117.865 % | £9,429 | £17,429 |
6 Month Average | 137.884 % | £11,030 | £19,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £17,763 | £17,500 | 131 WATERLOO WALK |
28 Sep 2023 | £18,233 | £18,000 | 12 WATERLOO COURT |
28 Sep 2023 | £16,207 | £16,000 | 129 WATERLOO WALK |
28 Sep 2023 | £16,714 | £16,500 | 144 WATERLOO WALK |
29 Jun 2023 | £40,490 | £40,000 | 32 WELLINGTON COURT |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 6 Oct 2017. Using an estimated price of £45,148 means this house is valued at £1,410 per sq meter (£131 per sq foot).
The average size of a house on WATERLOO WALK is 57 sq meters (616 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pensher View |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Mar 2024 | Burglary | Under investigation | On or near Pensher View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |