£234,311
This estimated value is based upon the latest sale price for the house of £231,000 on 10 Jun 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 |
---|---|
£231,000 | 10 Jun 2022 |
£149,000 | 13 May 2016 |
£146,000 | 31 Oct 2008 |
£61,950 | 2 Jun 2000 |
£59,995 | 31 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 738 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £231,000 results in an estimated price of approximately £234,311.
10 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £231,000 | £3,311 | £234,311 |
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 | -15.151 % | £-34,998 | £196,001 |
3 Month Average | -0.741 % | £-1,712 | £229,287 |
6 Month Average | 9.511 % | £21,969 | £252,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £151,943 | £150,000 | 2 PRINCE CONSORT WAY |
30 Jun 2023 | £144,247 | £142,500 | 8 HENDON CLOSE |
17 Apr 2023 | £242,612 | £240,000 | 3 ATKINSON GARDENS |
10 Jun 2022 | £234,311 | £231,000 | 24 ROBERT WESTALL WAY |
22 Nov 2021 | £264,971 | £245,000 | 23 ROBERT WESTALL WAY |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 23 Oct 2008. Using an estimated price of £234,311 means this house is valued at £3,415 per sq meter (£317 per sq foot).
The average size of a house on ROBERT WESTALL WAY is 92 sq meters (991 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Kingdom Place |
Apr 2024 | Other theft | Under investigation | On or near Watch House Close |
Mar 2024 | Anti-social behaviour | On or near Prince Consort Way | |
Mar 2024 | Anti-social behaviour | On or near Prince Consort Way | |
Mar 2024 | Anti-social behaviour | On or near Prince Consort Way |