£144,253
This estimated value is based upon the latest sale price for the house of £78,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £78,000 | 8 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 831 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 May 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £78,000 results in an estimated price of approximately £144,253.
| 8 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £78,000 | £66,253 | £144,253 |
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 | -21.320 % | £-16,629 | £61,370 |
| 3 Month Average | 12.037 % | £9,389 | £87,389 |
| 6 Month Average | 39.295 % | £30,650 | £108,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £167,938 | £165,000 | 4 WILLISTON CLOSE |
| 6 Nov 2023 | £163,419 | £161,000 | 6 THOMASTON COURT |
| 28 Jun 2023 | £107,300 | £106,000 | 41 DEWLEY ROAD |
| 27 Feb 2023 | £124,916 | £125,000 | 22 STAPLEFORD CLOSE |
| 31 Jan 2023 | £174,180 | £175,000 | GARAGE, 1 WILLISTON CLOSE |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 24 Mar 2009. Using an estimated price of £144,253 means this house is valued at £1,868 per sq meter (£173 per sq foot).
The average size of a house on WATERBEACH PLACE is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Waterbeach Place |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Waterbeach Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromdale Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromdale Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromdale Place |