£117,163
This estimated value is based upon the latest sale price for the house of £88,000 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £88,000 | 15 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 August 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £88,000 results in an estimated price of approximately £117,163.
| 15 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £88,000 | £29,163 | £117,163 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 42.723 % | £37,596 | £125,596 |
| 3 Month Average | 18.601 % | £16,368 | £104,368 |
| 6 Month Average | 16.223 % | £14,275 | £102,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £91,352 | £90,000 | 7 ERITH TERRACE |
| 24 Nov 2023 | £116,728 | £115,000 | 16 FORDLAND PLACE |
| 29 Sep 2023 | £87,367 | £86,250 | 21 ERITH TERRACE |
| 15 Sep 2023 | £135,229 | £133,500 | 11 BROOKLAND ROAD |
| 25 Aug 2023 | £102,900 | £102,000 | 20 ERITH TERRACE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 19 Mar 2016. Using an estimated price of £117,164 means this house is valued at £842 per sq meter (£78 per sq foot).
The average size of a house on WHITEHALL TERRACE is 120 sq meters (1,293 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westwood Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bexley Street |
| Mar 2024 | Other theft | Under investigation | On or near Bexley Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bexley Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bexley Street |