£88,272
This estimated value is based upon the latest sale price for the house of £87,500 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £87,500 | 25 Aug 2023 |
| £75,000 | 29 May 2015 |
| £46,500 | 9 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 August 2023 the House Price Index for TYNE AND WEAR was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £87,500 results in an estimated price of approximately £88,272.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £87,500 | £772 | £88,272 |
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 | 14.732 % | £12,890 | £100,390 |
| 3 Month Average | -12.867 % | £-11,258 | £76,241 |
| 6 Month Average | -0.647 % | £-566 | £86,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £77,353 | £76,000 | 10 DENE STREET |
| 8 Sep 2023 | £81,036 | £80,000 | 30 EAST MOOR ROAD |
| 25 Aug 2023 | £88,272 | £87,500 | 12 CHEVIOT STREET |
| 29 Jun 2023 | £84,018 | £83,000 | 4 CHEVIOT STREET |
| 16 Jun 2023 | £40,440 | £39,950 | 15 DENE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 May 2013. Using an estimated price of £88,272 means this house is valued at £1,131 per sq meter (£105 per sq foot).
The average size of a house on CHEVIOT STREET is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Orchard Street | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Street |