£153,067
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 12 Jun 2023 |
| £97,000 | 12 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £150,000 results in an estimated price of approximately £153,067.
| 12 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £150,000 | £3,067 | £153,067 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 18.198 % | £27,296 | £177,296 |
| 3 Month Average | 14.296 % | £21,443 | £171,443 |
| 6 Month Average | 13.531 % | £20,296 | £170,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £378,285 | £375,000 | 7 CURZON STREET |
| 15 Sep 2023 | £130,885 | £128,000 | 164 RECTORY ROAD |
| 15 Sep 2023 | £130,885 | £128,000 | 166 RECTORY ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 187 BRIGHTON ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 189 BRIGHTON ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 3 Aug 2015. Using an estimated price of £153,067 means this house is valued at £1,404 per sq meter (£130 per sq foot).
The average size of a house on WHITEHALL ROAD is 109 sq meters (1,178 sq feet).