£94,996
This estimated value is based upon the latest sale price for the house of £30,000 on 6 Dec 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £30,000 | 6 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 £30,000 results in an estimated price of approximately £94,996.
| 6 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £30,000 | £64,996 | £94,996 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 287.394 % | £86,218 | £116,218 |
| 3 Month Average | 288.094 % | £86,428 | £116,428 |
| 6 Month Average | 261.394 % | £78,418 | £108,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £417,336 | £412,000 | FLAT A EGREMONT HOUSE EGREMONT PLACE |
| 30 Aug 2023 | £304,413 | £301,750 | 7 GLADSTONE TERRACE |
| 28 Jul 2023 | £288,888 | £285,000 | 4 DEVONSHIRE TERRACE |
| 13 Feb 2023 | £409,724 | £410,000 | 21 DELAVAL ROAD |
| 8 Aug 2022 | £310,664 | £311,500 | 22 DELAVAL ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Sep 2020. Using an estimated price of £94,997 means this house is valued at £1,461 per sq meter (£135 per sq foot).
The average size of a house on WHITLEY ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Egremont Place |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Egremont Place |
| Apr 2024 | Anti-social behaviour | On or near Alma Place | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Alma Place |
| Feb 2024 | Anti-social behaviour | On or near Alma Place |