£196,213
This estimated value is based upon the latest sale price for the house of £168,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £168,000 | 4 Nov 2020 |
| £170,000 | 3 Jul 2020 |
| £149,995 | 28 Apr 2016 |
| Detached |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £168,000 results in an estimated price of approximately £196,213.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £168,000 | £28,213 | £196,213 |
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 | -22.815 % | £-38,329 | £129,670 |
| 3 Month Average | 3.205 % | £5,385 | £173,385 |
| 6 Month Average | 4.678 % | £7,858 | £175,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £184,132 | £179,950 | 5 WALKERFIELD PLACE |
| 3 Mar 2023 | £157,632 | £155,000 | 26 ENNERDALE ROAD |
| 20 Feb 2023 | £110,740 | £110,000 | 13 ELGIN GARDENS |
| 23 Jun 2022 | £147,145 | £144,000 | 83 WALKERFIELD COURT |
| 14 Apr 2022 | £67,432 | £65,000 | 597 WELBECK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Mar 2016. Using an estimated price of £196,213 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on WALKERFIELD COURT is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elgin Gardens |
| Jul 2024 | Other theft | Under investigation | On or near Middle Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cowen Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowen Street |