£4,267
This estimated value is based upon the latest sale price for the house of £3,400 on 17 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£3,400 | 17 Jan 2018 |
£182,995 | 16 Jan 2017 |
Freehold |
Floor Area: 100 sq meters or 1,076 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £3,400 results in an estimated price of approximately £4,267.
17 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £3,400 | £867 | £4,267 |
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 | 53.795 % | £1,829 | £5,229 |
3 Month Average | 19.369 % | £658 | £4,058 |
6 Month Average | 19.166 % | £651 | £4,051 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £229,508 | £227,500 | 64 WALKERFIELD COURT |
4 Aug 2023 | £146,280 | £145,000 | 41 LANGLEY ROAD |
30 Jun 2023 | £207,514 | £205,000 | 30 LANGLEY PLACE |
31 Mar 2023 | £181,712 | £180,000 | 50 LANGLEY PLACE |
3 Mar 2023 | £156,474 | £155,000 | 26 ENNERDALE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Dec 2016. Using an estimated price of £4,267 means this house is valued at £42 per sq meter (£3 per sq foot).
The average size of a house on WALKERFIELD COURT is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Langley Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Langley Road |
Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Mead Walk |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middle Street |