£46,604
This estimated value is based upon the latest sale price for the house of £38,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Chester Terrace North
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Price Paid | Date |
---|---|
£38,000 | 7 Nov 2019 |
£80,000 | 18 Oct 2007 |
£50,000 | 13 Jan 2004 |
£15,000 | 30 Sep 2000 |
£15,000 | 28 Sep 1999 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £38,000 results in an estimated price of approximately £46,604.
7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £38,000 | £8,604 | £46,604 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 48.110 % | £18,281 | £56,281 |
3 Month Average | 6.977 % | £2,651 | £40,651 |
6 Month Average | 10.718 % | £4,072 | £42,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £106,360 | £105,000 | 11 THE LEAZES |
28 Jul 2023 | £136,842 | £135,000 | 2 HARLOW STREET |
11 Nov 2022 | £74,102 | £75,000 | 9 CHESTER TERRACE NORTH |
5 Jul 2022 | £110,297 | £110,000 | 15 THE LEAZES |
9 Apr 2022 | £51,490 | £50,000 | 4 ST MARKS TERRACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Aug 2015. Using an estimated price of £46,605 means this house is valued at £728 per sq meter (£67 per sq foot).
The average size of a house on HARLOW STREET is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chester Terrace North |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Terrace North |
Feb 2024 | Public order | Under investigation | On or near Chester Terrace North |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chester Terrace North |
Mar 2024 | Drugs | Under investigation | On or near Langton Close |