£175,401
This estimated value is based upon the latest sale price for the house of £118,500 on 24 Apr 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 |
|---|---|
| £118,500 | 24 Apr 2015 |
| £42,000 | 29 Jan 2001 |
| £24,000 | 8 Nov 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 62 sq meters or 676 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £118,500 results in an estimated price of approximately £175,401.
| 24 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £118,500 | £56,901 | £175,401 |
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 | 7.745 % | £9,177 | £127,677 |
| 3 Month Average | 23.077 % | £27,346 | £145,846 |
| 6 Month Average | 46.623 % | £55,248 | £173,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £163,718 | £160,000 | 4 ALMA PLACE |
| 28 Sep 2023 | £421,287 | £412,000 | FLAT A EGREMONT HOUSE EGREMONT PLACE |
| 30 Aug 2023 | £307,292 | £301,750 | 7 GLADSTONE TERRACE |
| 13 Feb 2023 | £412,757 | £410,000 | 21 DELAVAL ROAD |
| 8 Aug 2022 | £312,963 | £311,500 | 22 DELAVAL ROAD |
This house has a floor area of 62 sq meters or 676 sq feet when measured on 4 Aug 2009. Using an estimated price of £175,401 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on WHITLEY ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Egremont Place |
| May 2024 | Anti-social behaviour | On or near Egremont Place | |
| May 2024 | Vehicle crime | Under investigation | On or near Egremont Place |
| May 2024 | Anti-social behaviour | On or near Egremont Place | |
| May 2024 | Anti-social behaviour | On or near Egremont Place |