£140,036
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Jul 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£50,000 | 19 Jul 2002 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 July 2002 the House Price Index for TYNE AND WEAR was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £50,000 results in an estimated price of approximately £140,036.
19 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £50,000 | £90,036 | £140,036 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 129.835 % | £64,917 | £114,917 |
3 Month Average | 100.402 % | £50,201 | £100,201 |
6 Month Average | 110.571 % | £55,285 | £105,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £55,063 | £54,100 | 22 HUME STREET |
9 Aug 2023 | £75,662 | £75,000 | 227A HYLTON ROAD |
5 Jul 2023 | £83,626 | £82,500 | 22 WILLMORE STREET |
16 Mar 2023 | £90,856 | £90,000 | 223 HYLTON ROAD |
30 Aug 2022 | £57,844 | £58,000 | 60 WASHINGTON STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 31 May 2019. Using an estimated price of £140,036 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on WALPOLE COURT is 86 sq meters (933 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Walpole Court |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walpole Court |
Feb 2024 | Drugs | Under investigation | On or near Walpole Court |
Feb 2024 | Anti-social behaviour | On or near Walpole Court | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Walpole Court |