£187,276
This estimated value is based upon the latest sale price for the house of £184,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £184,000 | 15 Dec 2023 |
| £130,000 | 12 Sep 2016 |
| £48,000 | 15 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2023 the House Price Index for TYNE AND WEAR was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £184,000 results in an estimated price of approximately £187,276.
| 15 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £184,000 | £3,276 | £187,276 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -33.616 % | £-61,853 | £122,146 |
| 3 Month Average | -11.170 % | £-20,553 | £163,446 |
| 6 Month Average | -0.610 % | £-1,122 | £182,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £187,277 | £184,000 | 22 WHITTINGTON GROVE |
| 2 Jun 2023 | £157,913 | £156,000 | 39 OVINGTON GROVE |
| 24 Apr 2023 | £109,176 | £108,000 | 46 OVINGTON GROVE |
| 23 Nov 2022 | £163,025 | £165,000 | 18 NAFFERTON PLACE |
| 31 Aug 2022 | £94,745 | £95,000 | 72 OVINGTON GROVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Jul 2015. Using an estimated price of £187,277 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on WHITTINGTON GROVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whittington Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whittington Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whittington Grove |
| Dec 2023 | Other crime | Under investigation | On or near Whittington Grove |
| Dec 2023 | Other crime | Under investigation | On or near Whittington Grove |