£253,711
This estimated value is based upon the latest sale price for the house of £159,995 on 20 Apr 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 Palmer Walk
More crime details
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Price Paid | Date |
---|---|
£159,995 | 20 Apr 2007 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.575%.Applying this 58.575% change to the original purchase price of £159,995 results in an estimated price of approximately £253,711.
20 Apr 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 146.7 | 58.575 % | £159,995 | £93,716 | £253,711 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -26.827 % | £-42,921 | £117,073 |
3 Month Average | -11.999 % | £-19,197 | £140,797 |
6 Month Average | -0.660 % | £-1,055 | £158,939 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Sep 2013.
The average size of a house on PALMER WALK is 86 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmer Walk |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmer Walk |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Palmer Walk |
Dec 2023 | Anti-social behaviour | On or near Market Walk | |
Dec 2023 | Anti-social behaviour | On or near Market Walk |