£300,563
This estimated value is based upon the latest sale price for the house of £206,000 on 13 Feb 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £206,000 | 13 Feb 2015 |
| £165,000 | 7 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 February 2015 the House Price Index for TYNE AND WEAR was 100.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.904%.Applying this 45.904% change to the original purchase price of £206,000 results in an estimated price of approximately £300,563.
| 13 Feb 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 146.7 | 45.904 % | £206,000 | £94,563 | £300,563 |
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 | -11.917 % | £-24,549 | £181,450 |
| 3 Month Average | 23.454 % | £48,315 | £254,315 |
| 6 Month Average | 26.317 % | £54,212 | £260,212 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 5 Feb 2013.
The average size of a house on WALTON AVENUE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cresswell Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Balmoral Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Balmoral Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Balmoral Gardens |
| Dec 2023 | Anti-social behaviour | On or near Balmoral Gardens |