£113,882
This estimated value is based upon the latest sale price for the house of £88,500 on 19 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £88,500 | 19 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £88,500 results in an estimated price of approximately £113,882.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £88,500 | £25,382 | £113,882 |
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 | 9.698 % | £8,582 | £97,082 |
| 3 Month Average | 14.371 % | £12,718 | £101,218 |
| 6 Month Average | 21.350 % | £18,895 | £107,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £139,281 | £137,500 | 20 WOODBROOK AVENUE |
| 28 Jul 2023 | £162,183 | £160,000 | 2 WOODBROOK AVENUE |
| 30 Jun 2023 | £139,692 | £138,000 | 43 WOODBROOK AVENUE |
| 30 Jun 2023 | £167,023 | £165,000 | 5 ROOKWOOD ROAD |
| 24 Feb 2023 | £121,918 | £122,000 | 37 HAYDON PLACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Mar 2016. Using an estimated price of £113,882 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on WHITBECK ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caldew Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caldew Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Caldew Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Caldew Crescent |
| Dec 2023 | Vehicle crime | Under investigation | On or near Caldew Crescent |