£70,981
This estimated value is based upon the latest sale price for the house of £58,500 on 17 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,500 | 17 Mar 2020 |
| £29,000 | 11 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 534 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £58,500 results in an estimated price of approximately £70,981.
| 17 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £58,500 | £12,481 | £70,981 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 132.039 % | £77,242 | £135,742 |
| 3 Month Average | 31.966 % | £18,700 | £77,200 |
| 6 Month Average | 8.395 % | £4,911 | £63,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £170,621 | £168,000 | 35 KIRKHAM |
| 14 Nov 2023 | £153,902 | £149,995 | 22 WOBURN |
| 29 Sep 2023 | £145,201 | £142,000 | 53 TITCHFIELD ROAD |
| 18 Aug 2023 | £66,194 | £65,000 | 34 WOBURN |
| 16 Jun 2023 | £68,880 | £67,500 | 13 WALTHAM |
This house has a floor area of 49 sq meters or 534 sq feet when measured on 1 Nov 2011. Using an estimated price of £70,981 means this house is valued at £1,428 per sq meter (£132 per sq foot).
The average size of a house on WALTHAM is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Waltham |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Waltham |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Waltham |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Waltham |
| Aug 2024 | Anti-social behaviour | On or near Waltham |