£124,490
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Apr 2022 |
| £97,000 | 15 Jul 2014 |
| £101,000 | 24 Mar 2006 |
| £97,000 | 3 Sep 2004 |
| £34,995 | 8 May 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 644 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 £120,000 results in an estimated price of approximately £124,490.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £120,000 | £4,490 | £124,490 |
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 % | £-59,578 | £60,421 |
| 3 Month Average | -2.124 % | £-2,548 | £117,451 |
| 6 Month Average | 7.335 % | £8,802 | £128,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £48,749 | £48,000 | 56 BRAHMAN AVENUE |
| 22 Nov 2023 | £128,256 | £125,000 | 74 BRAHMAN AVENUE |
| 13 Sep 2022 | £70,953 | £71,000 | 36 BRAHMAN AVENUE |
| 8 Apr 2022 | £124,491 | £120,000 | 219 WATERVILLE ROAD |
| 25 Mar 2022 | £62,636 | £60,000 | 38 BRAHMAN AVENUE |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 9 Apr 2009. Using an estimated price of £124,491 means this house is valued at £2,077 per sq meter (£193 per sq foot).
The average size of a house on WATERVILLE ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove | |
| Jun 2024 | Anti-social behaviour | On or near Warrington Grove | |
| May 2024 | Anti-social behaviour | On or near Warrington Grove | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Warrington Grove |
| May 2024 | Anti-social behaviour | On or near Warrington Grove |