£159,307
This estimated value is based upon the latest sale price for the house of £92,000 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£92,000 | 6 Jan 2012 |
£64,000 | 26 Jul 2002 |
£45,000 | 13 Mar 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 January 2012 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £92,000 results in an estimated price of approximately £159,307.
6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £92,000 | £67,307 | £159,307 |
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 | -2.080 % | £-1,913 | £90,086 |
3 Month Average | 35.989 % | £33,109 | £125,109 |
6 Month Average | 44.353 % | £40,804 | £132,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £148,370 | £145,000 | 12 WALTON PARK |
29 Sep 2023 | £161,561 | £158,000 | 6 MOOR CREST TERRACE |
1 Sep 2023 | £127,818 | £125,000 | 2D WALTON PARK |
28 Apr 2023 | £321,004 | £315,000 | 17 WALTON AVENUE |
19 Aug 2022 | £137,141 | £136,500 | 2 MOOR CREST TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jul 2010. Using an estimated price of £159,308 means this house is valued at £2,413 per sq meter (£224 per sq foot).
The average size of a house on WALTON PARK is 64 sq meters (690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
May 2024 | Violence and sexual offences | Under investigation | On or near Walton Park |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosebery Avenue |