£135,543
This estimated value is based upon the latest sale price for the house of £122,500 on 20 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£122,500 | 20 Oct 2021 |
£106,995 | 28 Aug 2015 |
Semi-Detached |
Leasehold |
Floor Area: 58 sq meters or 624 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £122,500 results in an estimated price of approximately £135,543.
20 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £122,500 | £13,043 | £135,543 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 54.546 % | £66,818 | £189,318 |
3 Month Average | 1.944 % | £2,381 | £124,881 |
6 Month Average | 4.161 % | £5,097 | £127,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Feb 2023 | £109,926 | £110,000 | 13 ELGIN GARDENS |
23 Jun 2022 | £146,064 | £144,000 | 83 WALKERFIELD COURT |
14 Apr 2022 | £66,937 | £65,000 | 597 WELBECK ROAD |
16 Mar 2022 | £71,896 | £69,380 | 575 WELBECK ROAD |
11 Mar 2022 | £143,004 | £138,000 | 30 WALKERFIELD COURT |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Jan 2016. Using an estimated price of £135,544 means this house is valued at £2,336 per sq meter (£217 per sq foot).
The average size of a house on WALKERFIELD PLACE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middle Street |