£44,690
This estimated value is based upon the latest sale price for the house of £29,000 on 7 Sep 2007. 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 Pensher View
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Price Paid | Date |
---|---|
£29,000 | 7 Sep 2007 |
£12,500 | 2 Jun 2004 |
£5,250 | 4 May 2001 |
£9,500 | 24 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.106%.Applying this 54.106% change to the original purchase price of £29,000 results in an estimated price of approximately £44,690.
7 Sep 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 146.7 | 54.106 % | £29,000 | £15,690 | £44,690 |
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 | -6.991 % | £-2,027 | £26,972 |
3 Month Average | -50.819 % | £-14,737 | £14,262 |
6 Month Average | -9.957 % | £-2,887 | £26,112 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 24 May 2012.
The average size of a house on WATERLOO WALK is 57 sq meters (616 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Pensher View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Dec 2023 | Drugs | Awaiting court outcome | On or near Pensher View |