£132,991
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 25 Mar 2022 |
| £119,000 | 20 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £130,000 results in an estimated price of approximately £132,991.
| 25 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £130,000 | £2,991 | £132,991 |
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 | -45.855 % | £-59,610 | £70,389 |
| 3 Month Average | 3.570 % | £4,640 | £134,640 |
| 6 Month Average | 13.902 % | £18,072 | £148,072 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 24 Apr 2018.
The average size of a house on WATERVILLE ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Vicarage Street |
| Dec 2023 | Other theft | Under investigation | On or near Vicarage Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hylton Street |
| Mar 2024 | Public order | Under investigation | On or near Hylton Street |
| Mar 2024 | Public order | Awaiting court outcome | On or near Hylton Street |