£155,849
This estimated value is based upon the latest sale price for the house of £47,000 on 9 Aug 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £47,000 | 9 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 880 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 August 2001 the House Price Index for TYNE AND WEAR was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £47,000 results in an estimated price of approximately £155,849.
| 9 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £47,000 | £108,849 | £155,849 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 71.841 % | £33,765 | £80,765 |
| 3 Month Average | 106.962 % | £50,272 | £97,272 |
| 6 Month Average | 109.916 % | £51,660 | £98,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £111,501 | £110,000 | 45 HELVELLYN ROAD |
| 14 Jul 2023 | £172,319 | £170,000 | 9 HARCOURT ROAD |
| 30 Jun 2023 | £142,729 | £141,000 | 214 LEECHMERE ROAD |
| 6 Mar 2023 | £95,904 | £95,000 | 148 LEECHMERE ROAD |
| 8 Feb 2023 | £32,978 | £33,000 | 30 HEREFORD ROAD |
This house has a floor area of 81 sq meters or 880 sq feet when measured on 1 Feb 2011. Using an estimated price of £155,849 means this house is valued at £1,905 per sq meter (£177 per sq foot).
The average size of a house on WESTHEATH AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Hereford Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hereford Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hereford Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hereford Square |
| Jan 2024 | Other theft | Under investigation | On or near Hereford Square |