£242,222
This estimated value is based upon the latest sale price for the house of £189,995 on 21 Jul 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 |
---|---|
£189,995 | 21 Jul 2017 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £189,995 results in an estimated price of approximately £242,222.
21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £189,995 | £52,227 | £242,222 |
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 | -40.116 % | £-76,218 | £113,776 |
3 Month Average | 13.787 % | £26,194 | £216,189 |
6 Month Average | 12.474 % | £23,699 | £213,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2023 | £186,760 | £185,000 | 4 LOUISA CLOSE |
27 Jan 2023 | £467,796 | £470,000 | 5 AXWELL PARK |
5 Aug 2022 | £204,450 | £205,000 | 17 LOUISA CLOSE |
4 Jul 2022 | £223,101 | £222,500 | 22 WHITWORTH PARK DRIVE |
24 Jun 2022 | £392,547 | £387,000 | 4 LYTHAM GRANGE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 May 2017. Using an estimated price of £242,222 means this house is valued at £2,549 per sq meter (£236 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 |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Wingate Grange | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wingate Grange |