£85,583
This estimated value is based upon the latest sale price for the house of £68,000 on 21 Jul 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 |
---|---|
£68,000 | 21 Jul 2017 |
£64,000 | 5 Feb 2010 |
£32,500 | 4 May 2001 |
£19,500 | 16 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £68,000 results in an estimated price of approximately £85,583.
21 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 146.7 | 25.859 % | £68,000 | £17,583 | £85,583 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -25.210 % | £-17,142 | £50,857 |
3 Month Average | 19.518 % | £13,271 | £81,271 |
6 Month Average | 24.855 % | £16,901 | £84,901 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Oct 2014.
The average size of a house on WALDO STREET is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waldo Street |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Laet Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laet Street |
Dec 2023 | Anti-social behaviour | On or near Laet Street | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sibthorpe Street |