£155,419
This estimated value is based upon the latest sale price for the house of £88,000 on 24 Mar 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £88,000 | 24 Mar 2006 |
| £26,000 | 24 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2006 the House Price Index for TYNE AND WEAR was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £88,000 results in an estimated price of approximately £155,419.
| 24 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £88,000 | £67,419 | £155,419 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -32.357 % | £-28,474 | £59,525 |
| 3 Month Average | 1.246 % | £1,096 | £89,096 |
| 6 Month Average | 26.682 % | £23,480 | £111,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £100,488 | £99,000 | 6 DOWNHAM |
| 18 Aug 2023 | £40,352 | £39,999 | 11 LOWLEAM COURT |
| 14 Aug 2023 | £58,512 | £58,000 | 19 CORSENSIDE |
| 4 Aug 2023 | £82,724 | £82,000 | 1 CROSSLAW |
| 2 Aug 2023 | £112,988 | £112,000 | 6 CORSENSIDE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Apr 2014. Using an estimated price of £155,419 means this house is valued at £1,786 per sq meter (£165 per sq foot).
The average size of a house on DEIGHTON WALK is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Downham |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Downham |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Downham |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downham |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Downham |