£245,350
This estimated value is based upon the latest sale price for the house of £236,500 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£236,500 | 29 Apr 2022 |
£199,995 | 23 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £236,500 results in an estimated price of approximately £245,350.
29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £236,500 | £8,850 | £245,350 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -32.422 % | £-76,678 | £159,821 |
3 Month Average | 9.454 % | £22,358 | £258,858 |
6 Month Average | 1.584 % | £3,746 | £240,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £223,066 | £218,000 | 52 WHITWORTH PARK DRIVE |
27 Jan 2023 | £471,259 | £470,000 | 5 AXWELL PARK |
4 Nov 2022 | £149,302 | £150,000 | 33 HEDLEY CLOSE |
5 Aug 2022 | £205,963 | £205,000 | 17 LOUISA CLOSE |
4 Jul 2022 | £224,752 | £222,500 | 22 WHITWORTH PARK DRIVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 23 Apr 2018. Using an estimated price of £245,350 means this house is valued at £2,115 per sq meter (£196 per sq foot).
The average size of a house on WHITWORTH PARK DRIVE is 111 sq meters (1,202 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wingate Grange |
Apr 2024 | Anti-social behaviour | On or near Wingate Grange | |
Apr 2024 | Anti-social behaviour | On or near Wingate Grange | |
Apr 2024 | Anti-social behaviour | On or near Wingate Grange | |
Apr 2024 | Anti-social behaviour | On or near Wingate Grange |