£103,769
This estimated value is based upon the latest sale price for the house of £84,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £84,000 | 11 Jan 2019 |
| £64,950 | 26 Oct 2009 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 800 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £84,000 results in an estimated price of approximately £103,769.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £84,000 | £19,769 | £103,769 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 11.443 % | £9,612 | £93,612 |
| 3 Month Average | 13.684 % | £11,494 | £95,494 |
| 6 Month Average | 12.241 % | £10,282 | £94,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £118,273 | £117,000 | 10 REVELL TERRACE |
| 26 Oct 2022 | £38,585 | £39,000 | 69 CHESTNUT AVENUE |
| 24 Mar 2022 | £56,994 | £55,000 | 32 WHITETHORN CRESCENT |
| 24 Mar 2022 | £56,994 | £55,000 | 2 LINK ROAD |
| 28 Feb 2022 | £89,139 | £85,000 | 144 PONTELAND ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 19 Jun 2009. Using an estimated price of £103,770 means this house is valued at £1,394 per sq meter (£129 per sq foot).
The average size of a house on WHITETHORN CRESCENT is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Jan 2024 | Robbery | Under investigation | On or near Chestnut Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fouracres Road |