£142,103
This estimated value is based upon the latest sale price for the house of £89,000 on 2 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,000 | 2 Mar 2007 |
| £87,000 | 23 Feb 2007 |
| £60,000 | 5 Apr 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 773 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.667%.Applying this 59.667% change to the original purchase price of £89,000 results in an estimated price of approximately £142,103.
| 2 Mar 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.667 % | £89,000 | £53,103 | £142,103 |
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 | 2.216 % | £1,972 | £90,972 |
| 3 Month Average | 37.476 % | £33,353 | £122,353 |
| 6 Month Average | 37.257 % | £33,158 | £122,158 |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 13 Jul 2011.
The average size of a house on WALLSEND ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Wooler Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Meadow View |
| Mar 2024 | Anti-social behaviour | On or near Lambourn Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lambourn Avenue | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambourn Avenue |