£606,953
This estimated value is based upon the latest sale price for the house of £563,250 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£563,250 | 9 Sep 2021 |
Detached |
Freehold |
Floor Area: 254 sq meters or 2,734 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £563,250 results in an estimated price of approximately £606,953.
9 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £563,250 | £43,703 | £606,953 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 2.806 % | £15,803 | £579,053 |
3 Month Average | 11.390 % | £64,156 | £627,406 |
6 Month Average | -3.433 % | £-19,338 | £543,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £116,030 | £114,000 | 3 NORTHUMBERLAND HOUSE NORTHUMBERLAND ROAD |
16 Nov 2023 | £182,705 | £180,000 | 18 WHITEWELL TERRACE |
15 Sep 2023 | £101,295 | £100,000 | 18 THE LAWN RYTON VILLAGE |
25 Aug 2023 | £116,015 | £115,000 | 10 WHITEWELL TERRACE |
11 Aug 2023 | £314,754 | £312,000 | 13 BRETTANBY GARDENS |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 20 May 2021. Using an estimated price of £606,954 means this house is valued at £2,389 per sq meter (£221 per sq foot).
The average size of a house on WHITEWELL LANE is 203 sq meters (2,188 sq feet).
This house is the largest in the street with a floor area of 254 sq meters (2,734 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Village East |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Village East |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Elvaston Road |