£266,167
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£210,000 | 26 Sep 2017 |
£187,000 | 1 Dec 2005 |
£93,200 | 30 Apr 1999 |
Detached |
Freehold |
Floor Area: 78 sq meters or 840 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £210,000 results in an estimated price of approximately £266,167.
26 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £210,000 | £56,167 | £266,167 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 42.018 % | £88,236 | £298,236 |
3 Month Average | 16.555 % | £34,765 | £244,765 |
6 Month Average | 11.777 % | £24,732 | £234,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £109,399 | £108,000 | 6 TOWER GARDENS |
4 Aug 2023 | £166,456 | £165,000 | 6 DEAN TERRACE |
28 Jul 2023 | £406,471 | £401,000 | RUSHLOR HEXHAM OLD ROAD |
4 Jul 2023 | £385,184 | £380,000 | 5 NORTH CLOSE |
23 Jun 2023 | £158,925 | £157,000 | 14 DEAN TERRACE |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 13 Oct 2010. Using an estimated price of £266,168 means this house is valued at £3,410 per sq meter (£316 per sq foot).
The average size of a house on WATERMILL is 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Anti-social behaviour | On or near Supermarket | |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
Feb 2024 | Anti-social behaviour | On or near Supermarket |