£167,826
This estimated value is based upon the latest sale price for the house of £170,000 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 28 Feb 2023 |
| £148,000 | 22 Mar 2019 |
| £74,000 | 2 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2023 the House Price Index for TYNE AND WEAR was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £170,000 results in an estimated price of approximately £167,826.
| 28 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £170,000 | £-2,173 | £167,826 |
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 | -3.839 % | £-6,525 | £163,474 |
| 3 Month Average | 2.893 % | £4,918 | £174,918 |
| 6 Month Average | 4.463 % | £7,587 | £177,587 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jun 2018.
The average size of a house on WEST VALLUM is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Legion Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Legion Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Legion Road |
| Dec 2023 | Possession of weapons | Under investigation | On or near Legion Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Legion Road |