£729,959
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Oct 2023 |
| £105,000 | 30 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £120,000 results in an estimated price of approximately £729,959.
| 20 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £120,000 | £609,959 | £729,959 |
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 | -12.884 % | £-15,460 | £104,539 |
| 3 Month Average | -4.937 % | £-5,924 | £114,075 |
| 6 Month Average | -1.262 % | £-1,514 | £118,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £139,376 | £137,500 | 103 NAWORTH DRIVE |
| 16 Jun 2023 | £92,116 | £91,000 | 7 BAYBRIDGE ROAD |
| 13 Sep 2022 | £121,023 | £122,000 | 41 BAYBRIDGE ROAD |
| 5 Aug 2022 | £139,624 | £140,000 | 31 HILLHEAD WAY |
| 5 Aug 2022 | £149,547 | £149,950 | 101 NAWORTH DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Dec 2018.
The average size of a house on WHORLTON PLACE is 94 sq meters (1,013 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
| Mar 2024 | Other crime | Under investigation | On or near Whorlton Place |
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whorlton Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whorlton Place |