£82,074
This estimated value is based upon the latest sale price for the house of £79,950 on 24 Jan 2025. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,950 | 24 Jan 2025 |
£50,000 | 14 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2025 the House Price Index for TYNE AND WEAR was 101.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 2.657%.Applying this 2.657% change to the original purchase price of £79,950 results in an estimated price of approximately £82,074.
24 Jan 2025 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.6 | 104.3 | 2.657 % | £79,950 | £2,124 | £82,074 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -34.359 % | £-27,470 | £52,479 |
3 Month Average | 15.992 % | £12,785 | £92,735 |
6 Month Average | 1.618 % | £1,293 | £81,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jan 2025 | £82,075 | £79,950 | 49 WHITEHOUSE LANE |
17 Jan 2025 | £179,599 | £174,950 | 76 MORWICK ROAD |
9 Dec 2024 | £159,906 | £155,000 | 3 TINTERN CRESCENT |
6 Dec 2024 | £172,802 | £167,500 | 17 BUDE GROVE |
25 Oct 2024 | £224,021 | £215,000 | 38 CRAGSIDE AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Aug 2017. Using an estimated price of £82,075 means this house is valued at £1,415 per sq meter (£131 per sq foot).
The average size of a house on WHITEHOUSE LANE is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitehouse Lane |
Mar 2025 | Public order | Under investigation | On or near Whitehouse Lane |
Mar 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitehouse Lane |
Feb 2025 | Other crime | Under investigation | On or near Whitehouse Lane |
Feb 2025 | Other crime | Investigation complete; no suspect identified | On or near Whitehouse Lane |