£98,796
This estimated value is based upon the latest sale price for the house of £81,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £81,000 | 6 Jan 2020 |
| £37,000 | 3 Mar 2004 |
| £22,000 | 5 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £81,000 results in an estimated price of approximately £98,796.
| 6 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £81,000 | £17,796 | £98,796 |
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 | 17.864 % | £14,469 | £95,469 |
| 3 Month Average | 8.803 % | £7,130 | £88,130 |
| 6 Month Average | 13.698 % | £11,095 | £92,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £417,336 | £412,000 | FLAT A EGREMONT HOUSE EGREMONT PLACE |
| 30 Aug 2023 | £304,413 | £301,750 | 7 GLADSTONE TERRACE |
| 28 Jul 2023 | £288,888 | £285,000 | 4 DEVONSHIRE TERRACE |
| 7 Jul 2023 | £119,103 | £117,500 | APARTMENT H 1 EDWARDS ROAD |
| 13 Feb 2023 | £409,724 | £410,000 | 21 DELAVAL ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Mar 2017. Using an estimated price of £98,797 means this house is valued at £1,733 per sq meter (£161 per sq foot).
The average size of a house on WHITLEY ROAD is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |