£135,725
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 21 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £105,000 results in an estimated price of approximately £135,725.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £105,000 | £30,725 | £135,725 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 50.403 % | £52,923 | £157,923 |
| 3 Month Average | 17.041 % | £17,893 | £122,893 |
| 6 Month Average | 20.084 % | £21,087 | £126,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £138,044 | £136,000 | 47 RYDAL ROAD |
| 1 Sep 2023 | £131,684 | £130,000 | 19 KIRKSTON AVENUE |
| 4 Aug 2023 | £121,009 | £119,950 | 33 WAVERLEY CRESCENT |
| 13 Jul 2023 | £121,637 | £120,000 | 15 RYDAL ROAD |
| 3 Feb 2023 | £172,884 | £173,000 | 2 CLAREMONT AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 Jul 2016. Using an estimated price of £135,725 means this house is valued at £1,475 per sq meter (£137 per sq foot).
The average size of a house on WAVERLEY CRESCENT is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eldon Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eldon Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eldon Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Eldon Road |