£82,946
This estimated value is based upon the latest sale price for the house of £49,500 on 23 Apr 2010. 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 Weldon Place
More crime details
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| Price Paid | Date |
|---|---|
| £49,500 | 23 Apr 2010 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.569%.Applying this 67.569% change to the original purchase price of £49,500 results in an estimated price of approximately £82,946.
| 23 Apr 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.569 % | £49,500 | £33,446 | £82,946 |
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 | 20.745 % | £10,268 | £59,768 |
| 3 Month Average | 50.763 % | £25,127 | £74,627 |
| 6 Month Average | 48.065 % | £23,792 | £73,292 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 11 Dec 2019.
The average size of a house on WHITEHOUSE LANE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weldon Place |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Weldon Place |
| Feb 2024 | Anti-social behaviour | On or near Weldon Place | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Weldon Place |
| Jan 2024 | Anti-social behaviour | On or near Weldon Place |