£184,802
This estimated value is based upon the latest sale price for the house of £149,500 on 20 May 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 |
|---|---|
| £149,500 | 20 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £149,500 results in an estimated price of approximately £184,802.
| 20 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £149,500 | £35,302 | £184,802 |
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 | 7.637 % | £11,418 | £160,918 |
| 3 Month Average | 12.299 % | £18,387 | £167,887 |
| 6 Month Average | 22.776 % | £34,049 | £183,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 92 CHAPEL HOUSE DRIVE |
| 22 Nov 2023 | £126,878 | £125,000 | 11 BYRON COURT |
| 7 Jul 2023 | £223,001 | £220,000 | 63 HILLHEAD PARKWAY |
| 31 Mar 2023 | £199,883 | £198,000 | 105 CHAPEL HOUSE DRIVE |
| 12 Jan 2023 | £199,062 | £200,000 | 1 AINSDALE GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Jan 2019. Using an estimated price of £184,803 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on CHAPEL HOUSE DRIVE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arncliffe Gardens |
| Jan 2024 | Anti-social behaviour | On or near Arncliffe Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Arncliffe Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Arncliffe Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Arncliffe Gardens |