£1,299,141
This estimated value is based upon the latest sale price for the house of £212,000 on 12 May 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 |
|---|---|
| £212,000 | 12 May 2023 |
| £207,500 | 30 Jun 2021 |
| £189,995 | 26 Aug 2016 |
| Terraced |
| 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 May 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £212,000 results in an estimated price of approximately £1,299,141.
| 12 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £212,000 | £1,087,141 | £1,299,141 |
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 | -40.901 % | £-86,709 | £125,290 |
| 3 Month Average | -15.986 % | £-33,890 | £178,109 |
| 6 Month Average | -10.245 % | £-21,719 | £190,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £229,289 | £225,000 | 88 WHITWORTH PARK DRIVE |
| 7 Mar 2023 | £188,142 | £185,000 | 4 LOUISA CLOSE |
| 27 Jan 2023 | £471,259 | £470,000 | 5 AXWELL PARK |
| 25 Nov 2022 | £191,106 | £192,000 | 1 WATERHOUSES |
| 18 Nov 2022 | £189,116 | £190,000 | 92 WHITWORTH PARK DRIVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 12 May 2016.
The average size of a house on WHITWORTH PARK DRIVE is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnhope Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnhope Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Burnhope Way |