£140,911
This estimated value is based upon the latest sale price for the house of £44,500 on 20 Dec 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £44,500 | 20 Dec 2001 |
| £41,500 | 23 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2001 the House Price Index for TYNE AND WEAR was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £44,500 results in an estimated price of approximately £140,911.
| 20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £44,500 | £96,411 | £140,911 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 96.774 % | £43,064 | £87,564 |
| 3 Month Average | 125.684 % | £55,929 | £100,429 |
| 6 Month Average | 143.280 % | £63,759 | £108,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £109,923 | £108,000 | 57 TITIAN AVENUE |
| 1 Sep 2023 | £114,464 | £113,000 | 26 RAEBURN ROAD |
| 10 Jul 2023 | £83,119 | £82,000 | 78 LORRAIN ROAD |
| 10 Feb 2023 | £97,934 | £98,000 | 137 GAINSBOROUGH AVENUE |
| 27 Jan 2023 | £133,372 | £134,000 | 81 REMBRANDT AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 Jun 2020. Using an estimated price of £140,911 means this house is valued at £1,155 per sq meter (£107 per sq foot).
The average size of a house on WHITELEAS WAY is 85 sq meters (920 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Raeburn Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raeburn Road |
| Jan 2024 | Other crime | Under investigation | On or near Raeburn Road |
| Mar 2024 | Anti-social behaviour | On or near Sutherland Court | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sutherland Court |