£10,049,767
This estimated value is based upon the latest sale price for the house of £8,250,000 on 3 Jul 2020. 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 Shalstone
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Price Paid | Date |
---|---|
£8,250,000 | 3 Jul 2020 |
£95,000 | 8 Jun 2006 |
£41,000 | 15 Aug 1997 |
Freehold |
Floor Area: 56 sq meters or 602 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £8,250,000 results in an estimated price of approximately £10,049,767.
3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £8,250,000 | £1,799,767 | £10,049,767 |
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 | -97.279 % | £-8,025,510 | £224,489 |
3 Month Average | -47.645 % | £-3,930,752 | £4,319,247 |
6 Month Average | -34.290 % | £-2,828,907 | £5,421,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £17,023 | £16,500 | 138 WATERLOO WALK |
27 Oct 2023 | £19,953 | £19,500 | 165 WATERLOO WALK |
28 Sep 2023 | £18,406 | £18,000 | 12 WATERLOO COURT |
28 Sep 2023 | £16,872 | £16,500 | 144 WATERLOO WALK |
12 Jun 2023 | £19,899 | £19,500 | 26 WATERLOO COURT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Jan 2019. Using an estimated price of £10,049,767 means this house is valued at £179,460 per sq meter (£16,672 per sq foot).
The average size of a house on SHALSTONE is 69 sq meters (751 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Shalstone |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Trafalgar Road |
Jul 2024 | Anti-social behaviour | On or near Trafalgar Road | |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Trafalgar Road |
Jun 2024 | Anti-social behaviour | On or near Trafalgar Road |