£163,444
This estimated value is based upon the latest sale price for the house of £68,500 on 1 May 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£68,500 | 1 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 162 sq meters or 1,752 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 2003 the House Price Index for TYNE AND WEAR was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £68,500 results in an estimated price of approximately £163,444.
1 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £68,500 | £94,944 | £163,444 |
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 | 66.833 % | £45,780 | £114,280 |
3 Month Average | 143.568 % | £98,344 | £166,844 |
6 Month Average | 148.711 % | £101,866 | £170,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £125,427 | £123,500 | 91 WEST PERCY STREET |
22 Jun 2023 | £217,866 | £213,500 | 1 CECIL STREET |
13 Sep 2022 | £42,472 | £42,500 | 18 WILLIAM STREET WEST |
26 Jun 2022 | £83,740 | £81,950 | RIPPON HALL, 42 STANLEY STREET WEST |
1 Apr 2022 | £230,048 | £221,750 | 22 CECIL STREET |
This house has a floor area of 162 sq meters or 1,752 sq feet when measured on 15 Dec 2008. Using an estimated price of £163,444 means this house is valued at £1,004 per sq meter (£93 per sq foot).
The average size of a house on WATERVILLE TERRACE is 137 sq meters (1,477 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Waterville Terrace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waterville Terrace |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Waterville Terrace |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterville Terrace |
May 2024 | Violence and sexual offences | Under investigation | On or near Waterville Terrace |