£239,306
This estimated value is based upon the latest sale price for the house of £182,500 on 8 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£182,500 | 8 Dec 2016 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £182,500 results in an estimated price of approximately £239,306.
8 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £182,500 | £56,806 | £239,306 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 12.353 % | £22,543 | £205,043 |
3 Month Average | 21.804 % | £39,792 | £222,292 |
6 Month Average | 16.292 % | £29,733 | £212,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2023 | £186,760 | £185,000 | 4 LOUISA CLOSE |
27 Jan 2023 | £467,796 | £470,000 | 5 AXWELL PARK |
18 Nov 2022 | £187,726 | £190,000 | 92 WHITWORTH PARK DRIVE |
5 Aug 2022 | £204,450 | £205,000 | 17 LOUISA CLOSE |
24 Jun 2022 | £392,547 | £387,000 | 4 LYTHAM GRANGE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 May 2016. Using an estimated price of £239,306 means this house is valued at £2,519 per sq meter (£234 per sq foot).
The average size of a house on WHITWORTH PARK DRIVE is 111 sq meters (1,202 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Burnhope Way |
Mar 2024 | Anti-social behaviour | On or near Burnhope Way | |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burnhope Way |