£268,728
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Nov 2019 |
| £190,000 | 31 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £220,000 results in an estimated price of approximately £268,728.
| 28 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £220,000 | £48,728 | £268,728 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 30.847 % | £67,863 | £287,863 |
| 3 Month Average | 26.491 % | £58,280 | £278,280 |
| 6 Month Average | 18.244 % | £40,136 | £260,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £213,015 | £211,000 | 8 WARWICK HALL WALK |
| 7 Jul 2023 | £262,483 | £260,000 | 5 SLINGSBY GARDENS |
| 16 Feb 2023 | £380,699 | £382,500 | 11 WARWICK HALL WALK |
| 27 Jan 2023 | £299,172 | £301,800 | 11 VANCOUVER DRIVE |
| 22 Apr 2022 | £228,718 | £223,000 | 31 EAGLESCLIFFE DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 6 Feb 2018. Using an estimated price of £268,729 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on WARWICK HALL WALK is 98 sq meters (1,062 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Warwick Hall Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vancouver Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vancouver Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vancouver Drive |
| Feb 2024 | Robbery | Under investigation | On or near Vancouver Drive |