£72,683
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 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £58,000 results in an estimated price of approximately £72,683.
29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £58,000 | £14,683 | £72,683 |
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 | -56.628 % | £-32,844 | £25,155 |
3 Month Average | -21.561 % | £-12,505 | £45,494 |
6 Month Average | 2.008 % | £1,164 | £59,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £125,000 | £125,000 | 3 DERWENT STREET |
27 Apr 2023 | £181,959 | £180,000 | 260 - 261 HIGH STREET WEST |
24 Mar 2023 | £90,856 | £90,000 | 21 HOLMESIDE |
3 Mar 2023 | £136,284 | £135,000 | 254 HIGH STREET WEST |
28 Feb 2023 | £774,479 | £775,000 | 19 BLANDFORD STREET |
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 £72,684 means this house is valued at £1,321 per sq meter (£122 per sq foot).
The average size of a house on UPPER WALWORTH WAY is 60 sq meters (653 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |