£73,221
This estimated value is based upon the latest sale price for the house of £58,000 on 29 Mar 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 |
---|---|
£58,000 | 29 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £58,000 results in an estimated price of approximately £73,221.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £58,000 | £15,221 | £73,221 |
The Postcode Pricing Model uses changes in average sales price within the SR1 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 | 5.996 % | £3,477 | £61,477 |
3 Month Average | 7.482 % | £4,339 | £62,339 |
6 Month Average | 50.442 % | £29,256 | £87,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £52,456 | £52,000 | 52 PLANET HOUSE UPPER MARKET SQUARE |
21 Mar 2024 | £106,638 | £105,000 | 3 VINE PLACE |
20 Mar 2024 | £126,950 | £125,000 | 3 DERWENT STREET |
30 Nov 2023 | £92,344 | £90,000 | 28 BLANDFORD STREET |
27 Apr 2023 | £183,431 | £180,000 | 260 - 261 HIGH STREET WEST |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Feb 2018. Using an estimated price of £73,222 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on UPPER WALWORTH WAY is 60 sq meters (653 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |
Aug 2024 | Possession of weapons | Under investigation | On or near Parking Area |
Aug 2024 | Shoplifting | Suspect charged as part of another case | On or near Parking Area |
Aug 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |