£154,242
This estimated value is based upon the latest sale price for the house of £121,995 on 8 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£121,995 | 8 Jan 2018 |
Terraced |
Leasehold |
Floor Area: 58 sq meters or 624 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £121,995 results in an estimated price of approximately £154,242.
8 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £121,995 | £32,247 | £154,242 |
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 | -22.232 % | £-27,122 | £94,872 |
3 Month Average | 19.695 % | £24,026 | £146,021 |
6 Month Average | 20.054 % | £24,465 | £146,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £125,000 | £125,000 | 160 MIDDLE STREET |
28 Mar 2024 | £233,589 | £230,000 | 38 LANGLEY PLACE |
28 Mar 2024 | £76,170 | £75,000 | 527 WELBECK ROAD |
26 Oct 2023 | £184,132 | £179,950 | 5 WALKERFIELD PLACE |
30 Jun 2023 | £209,192 | £205,000 | 30 LANGLEY PLACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Nov 2017. Using an estimated price of £154,242 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on WALKERFIELD COURT is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
Jul 2024 | Other theft | Under investigation | On or near Middle Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cowen Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowen Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cowen Street |