£219,155
This estimated value is based upon the latest sale price for the house of £130,000 on 28 May 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 28 May 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £130,000 results in an estimated price of approximately £219,155.
| 28 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £130,000 | £89,155 | £219,155 |
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 | -27.430 % | £-35,659 | £94,340 |
| 3 Month Average | 12.595 % | £16,373 | £146,373 |
| 6 Month Average | 13.289 % | £17,275 | £147,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £253,079 | £247,500 | 85 WHITWORTH PARK DRIVE |
| 14 Apr 2023 | £229,289 | £225,000 | 88 WHITWORTH PARK DRIVE |
| 11 Jan 2023 | £200,536 | £200,000 | 2 RAVENSWORTH PARK |
| 28 Nov 2022 | £233,906 | £235,000 | 26 WATERGATE |
| 25 Nov 2022 | £191,106 | £192,000 | 1 WATERHOUSES |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Jan 2013. Using an estimated price of £219,155 means this house is valued at £2,809 per sq meter (£261 per sq foot).
The average size of a house on WATERHOUSES is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitworth Park Drive |
| Jun 2024 | Anti-social behaviour | On or near Whitworth Park Drive | |
| Jun 2024 | Anti-social behaviour | On or near Whitworth Park Drive | |
| 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 |