£90,265
This estimated value is based upon the latest sale price for the house of £71,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £71,000 | 20 Oct 2017 |
| £77,000 | 11 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £71,000 results in an estimated price of approximately £90,265.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £71,000 | £19,265 | £90,265 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 82.821 % | £58,803 | £129,803 |
| 3 Month Average | 67.664 % | £48,041 | £119,041 |
| 6 Month Average | 37.135 % | £26,366 | £97,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £82,084 | £80,000 | 26 BELMONT WALK |
| 3 Nov 2023 | £191,870 | £187,000 | 3 POTTERY PARK |
| 29 Sep 2023 | £163,607 | £160,000 | 6 POTTERY BANK |
| 20 Jan 2023 | £162,434 | £162,000 | 16 POTTERY BANK |
| 17 Aug 2022 | £144,677 | £144,000 | 1332 WALKER ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Feb 2018. Using an estimated price of £90,265 means this house is valued at £1,025 per sq meter (£95 per sq foot).
The average size of a house on BELMONT WALK is 126 sq meters (1,356 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Caldbeck Close | |
| Sep 2024 | Anti-social behaviour | On or near Caldbeck Close | |
| Sep 2024 | Anti-social behaviour | On or near Caldbeck Close | |
| Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Caldbeck Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Caldbeck Close |