£47,386
This estimated value is based upon the latest sale price for the house of £38,900 on 3 Jul 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 |
|---|---|
| £38,900 | 3 Jul 2020 |
| Flats/Maisonettes |
| Leasehold |
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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £38,900 results in an estimated price of approximately £47,386.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £38,900 | £8,486 | £47,386 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 12.284 % | £4,778 | £43,678 |
| 3 Month Average | 41.228 % | £16,037 | £54,937 |
| 6 Month Average | 28.858 % | £11,225 | £50,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £140,568 | £137,000 | 3 CAWTHORNE TERRACE |
| 9 Oct 2023 | £148,370 | £145,000 | 12 WALTON PARK |
| 29 Sep 2023 | £161,561 | £158,000 | 6 MOOR CREST TERRACE |
| 1 Sep 2023 | £127,818 | £125,000 | 2D WALTON PARK |
| 28 Apr 2023 | £321,004 | £315,000 | 17 WALTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
| Oct 2024 | Bicycle theft | Under investigation | On or near Walton Park |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Walton Park |