£113,580
This estimated value is based upon the latest sale price for the house of £90,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£90,000 | 13 Oct 2017 |
Flats/Maisonettes |
Leasehold |
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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £90,000 results in an estimated price of approximately £113,580.
13 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £90,000 | £23,580 | £113,580 |
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 | 1.376 % | £1,238 | £91,238 |
3 Month Average | 14.826 % | £13,343 | £103,343 |
6 Month Average | 27.388 % | £24,649 | £114,649 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £139,059 | £137,000 | 3 CAWTHORNE TERRACE |
29 Sep 2023 | £160,046 | £158,000 | 6 MOOR CREST TERRACE |
1 Sep 2023 | £126,619 | £125,000 | 2D WALTON PARK |
19 Aug 2022 | £136,134 | £136,500 | 2 MOOR CREST TERRACE |
21 Mar 2022 | £116,061 | £112,000 | 1D WALTON PARK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Aug 2017. Using an estimated price of £113,580 means this house is valued at £1,695 per sq meter (£157 per sq foot).
The average size of a house on WALTON PARK is 64 sq meters (690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Walton Park |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
Apr 2024 | Bicycle theft | Under investigation | On or near North Road |
Apr 2024 | Anti-social behaviour | On or near North Road | |
Mar 2024 | Other theft | Under investigation | On or near North Road |