£224,298
This estimated value is based upon the latest sale price for the house of £127,000 on 1 Mar 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 1 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 403 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 March 2006 the House Price Index for TYNE AND WEAR was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £127,000 results in an estimated price of approximately £224,298.
| 1 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £127,000 | £97,298 | £224,298 |
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 | -27.010 % | £-34,302 | £92,697 |
| 3 Month Average | 79.462 % | £100,917 | £227,917 |
| 6 Month Average | 9.759 % | £12,393 | £139,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £129,130 | £128,000 | APARTMENT 512 CITY QUADRANT, 11 WATERLOO SQUARE |
| 27 Jun 2023 | £200,934 | £198,500 | APARTMENT 514 CITY QUADRANT, 11 WATERLOO SQUARE |
| 21 Apr 2023 | £222,395 | £220,000 | APARTMENT 701 CITY QUADRANT, 11 WATERLOO SQUARE |
| 6 Apr 2023 | £173,872 | £172,000 | APARTMENT 705 CITY QUADRANT, 11 WATERLOO SQUARE |
| 17 Mar 2023 | £179,693 | £178,000 | APARTMENT 603 CITY QUADRANT, 11 WATERLOO SQUARE |
This house has a floor area of 37 sq meters or 403 sq feet when measured on 19 May 2009. Using an estimated price of £224,299 means this house is valued at £5,989 per sq meter (£556 per sq foot).
The average size of a house on WATERLOO SQUARE is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sunderland Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunderland Street |
| Mar 2024 | Anti-social behaviour | On or near Sunderland Street | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sunderland Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunderland Street |