£113,439
This estimated value is based upon the latest sale price for the house of £70,500 on 3 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,500 | 3 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £70,500 results in an estimated price of approximately £113,439.
| 3 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £70,500 | £42,939 | £113,439 |
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 | 15.874 % | £11,191 | £81,691 |
| 3 Month Average | 33.026 % | £23,283 | £93,783 |
| 6 Month Average | 12.486 % | £8,802 | £79,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £83,000 | £83,000 | 170 HORSLEY ROAD |
| 22 Mar 2024 | £101,510 | £99,950 | 214 HORSLEY ROAD |
| 29 Sep 2023 | £33,744 | £33,000 | 173 STOCKLEY ROAD |
| 27 Apr 2023 | £83,563 | £82,000 | 331 WASKERLEY ROAD |
| 27 Apr 2023 | £67,258 | £66,000 | 341 WASKERLEY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Sep 2013. Using an estimated price of £113,440 means this house is valued at £1,303 per sq meter (£121 per sq foot).
The average size of a house on WASKERLEY ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |