£491,196
This estimated value is based upon the latest sale price for the house of £380,000 on 25 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£380,000 | 25 Apr 2017 |
£390,000 | 30 Mar 2006 |
£232,000 | 17 May 2002 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £380,000 results in an estimated price of approximately £491,196.
25 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £380,000 | £111,196 | £491,196 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -47.277 % | £-179,654 | £200,345 |
3 Month Average | 7.231 % | £27,476 | £407,476 |
6 Month Average | 11.446 % | £43,494 | £423,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £116,728 | £115,000 | 6 WHITEBRIDGE WALK |
2 Mar 2023 | £388,662 | £385,000 | 18 WHITEBRIDGE PARKWAY |
6 Jan 2023 | £393,148 | £395,000 | 3 WHITEBRIDGE COURT |
29 Nov 2022 | £345,811 | £350,000 | 12 BURNSIDE ROAD |
8 Nov 2022 | £388,297 | £393,000 | 22 WHITEBRIDGE CLOSE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 20 Oct 2016. Using an estimated price of £491,197 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on CELANDINE CLOSE is 170 sq meters (1,829 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Broadway East |
Jan 2024 | Burglary | Under investigation | On or near Whitebridge Close |