£224,296
This estimated value is based upon the latest sale price for the house of £45,500 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £45,500 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 1997 the House Price Index for TYNE AND WEAR was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £45,500 results in an estimated price of approximately £224,296.
| 26 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £45,500 | £178,796 | £224,296 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 76.683 % | £34,890 | £80,390 |
| 3 Month Average | 116.520 % | £53,016 | £98,516 |
| 6 Month Average | 194.310 % | £88,410 | £133,910 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Sep 2013.
The average size of a house on WAVERDALE WAY is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Waverdale Way |
| Mar 2024 | Public order | Under investigation | On or near Dean Terrace |
| Feb 2024 | Anti-social behaviour | On or near Dean Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Dean Terrace | |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Olive Street |