£208,328
This estimated value is based upon the latest sale price for the house of £207,050 on 23 May 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 |
|---|---|
| £207,050 | 23 May 2022 |
| £158,000 | 14 Nov 2018 |
| £117,000 | 18 May 2015 |
| £100,000 | 21 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 943 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £207,050 results in an estimated price of approximately £208,328.
| 23 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £207,050 | £1,278 | £208,328 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | -28.572 % | £-59,158 | £147,891 |
| 3 Month Average | -15.224 % | £-31,520 | £175,529 |
| 6 Month Average | -3.444 % | £-7,131 | £199,918 |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 21 Jul 2010.
The average size of a house on WELDON CRESCENT is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weldon Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weldon Crescent |
| Jan 2024 | Vehicle crime | Under investigation | On or near Weldon Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weldon Crescent |
| Jan 2024 | Vehicle crime | Under investigation | On or near Holystone Crescent |