£214,969
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £175,000 | 17 Jul 2019 |
| £185,000 | 3 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £175,000 results in an estimated price of approximately £214,969.
| 17 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £175,000 | £39,969 | £214,969 |
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 | 4.419 % | £7,733 | £182,733 |
| 3 Month Average | 24.452 % | £42,790 | £217,790 |
| 6 Month Average | 22.471 % | £39,324 | £214,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £403,127 | £395,500 | 12 ESPLANADE |
| 16 Nov 2023 | £322,136 | £318,000 | 2 LINDEN TERRACE |
| 30 Aug 2023 | £133,311 | £132,500 | 6A ESPLANADE |
| 10 Aug 2023 | £357,172 | £355,000 | 19 LINDEN TERRACE |
| 14 Jul 2023 | £48,016 | £47,562 | 25 STATION ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 16 Oct 2016. Using an estimated price of £214,969 means this house is valued at £1,821 per sq meter (£169 per sq foot).
The average size of a house on WHITLEY ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
| Feb 2024 | Anti-social behaviour | On or near Station Road |