£311,465
This estimated value is based upon the latest sale price for the house of £186,995 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £186,995 | 21 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £186,995 results in an estimated price of approximately £311,465.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £186,995 | £124,470 | £311,465 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -23.338 % | £-43,640 | £143,354 |
| 3 Month Average | 10.257 % | £19,180 | £206,175 |
| 6 Month Average | 10.909 % | £20,398 | £207,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £250,706 | £247,500 | 85 WHITWORTH PARK DRIVE |
| 7 Jul 2023 | £223,001 | £220,000 | 136 WHITWORTH PARK DRIVE |
| 11 Jan 2023 | £199,062 | £200,000 | 2 RAVENSWORTH PARK |
| 28 Nov 2022 | £232,188 | £235,000 | 26 WATERGATE |
| 25 Nov 2022 | £189,702 | £192,000 | 1 WATERHOUSES |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 Jan 2013. Using an estimated price of £311,465 means this house is valued at £2,938 per sq meter (£272 per sq foot).
The average size of a house on WATERHOUSES is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waterhouses |
| Mar 2024 | Anti-social behaviour | On or near Burnhope Way | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Burnhope Way |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burnhope Way |