£99,022
This estimated value is based upon the latest sale price for the house of £67,500 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,500 | 16 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £67,500 results in an estimated price of approximately £99,022.
| 16 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £67,500 | £31,522 | £99,022 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 17.782 % | £12,002 | £79,502 |
| 3 Month Average | 23.169 % | £15,638 | £83,138 |
| 6 Month Average | 23.123 % | £15,608 | £83,108 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Jun 2014.
The average size of a house on WHICKHAM VIEW is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Betts Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Betts Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Betts Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadway Villas |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadway Villas |