£137,559
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Sep 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 |
|---|---|
| £115,000 | 11 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £115,000 results in an estimated price of approximately £137,559.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £115,000 | £22,559 | £137,559 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | 42.208 % | £48,538 | £163,538 |
| 3 Month Average | 38.825 % | £44,649 | £159,649 |
| 6 Month Average | 1.052 % | £1,210 | £116,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £163,654 | £159,500 | APARTMENT 14 CHARLTONS BONDS WATERLOO STREET |
| 21 Sep 2023 | £117,592 | £115,000 | APARTMENT 22 WATERLOO HOUSE THORNTON STREET |
| 14 Jun 2023 | £132,658 | £130,000 | APARTMENT 6 CHARLTONS BONDS WATERLOO STREET |
| 31 Mar 2023 | £183,057 | £180,000 | APARTMENT 2 WATERLOO HOUSE THORNTON STREET |
| 21 Mar 2023 | £172,887 | £170,000 | APARTMENT 22 CHARLTONS BONDS WATERLOO STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Apr 2017. Using an estimated price of £137,560 means this house is valued at £2,751 per sq meter (£255 per sq foot).
The average size of a house on WATERLOO STREET is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Peel Street | |
| Aug 2024 | Other theft | Under investigation | On or near Theatre/Concert Hall |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Jul 2024 | Anti-social behaviour | On or near Theatre/Concert Hall |