£50,697
This estimated value is based upon the latest sale price for the house of £39,999 on 1 Sep 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 |
---|---|
£39,999 | 1 Sep 2017 |
£58,200 | 5 Jul 2011 |
Freehold |
Floor Area: 51 sq meters or 554 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £39,999 results in an estimated price of approximately £50,697.
1 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £39,999 | £10,698 | £50,697 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -20.127 % | £-8,050 | £31,948 |
3 Month Average | -20.298 % | £-8,118 | £31,880 |
6 Month Average | 4.186 % | £1,674 | £41,673 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £60,819 | £60,000 | 3 GRESFORD STREET |
14 Jul 2023 | £79,064 | £78,000 | 92 RICHMOND ROAD |
2 Jun 2023 | £40,489 | £39,999 | 117 WHITEHALL STREET |
2 Jun 2023 | £40,489 | £39,999 | 119 WHITEHALL STREET |
20 Apr 2023 | £53,071 | £52,500 | 47 GRESFORD STREET |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 5 Mar 2010. Using an estimated price of £50,697 means this house is valued at £983 per sq meter (£91 per sq foot).
The average size of a house on WHITEHALL STREET is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Whitehall Street | |
Mar 2024 | Anti-social behaviour | On or near Whitehall Street | |
Feb 2024 | Anti-social behaviour | On or near Whitehall Street | |
Feb 2024 | Anti-social behaviour | On or near Whitehall Street | |
Feb 2024 | Anti-social behaviour | On or near Whitehall Street |