£464,414
This estimated value is based upon the latest sale price for the house of £273,000 on 26 Oct 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £273,000 | 26 Oct 2010 |
| £240,000 | 30 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,494 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 October 2010 the House Price Index for TYNE AND WEAR was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £273,000 results in an estimated price of approximately £464,414.
| 26 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £273,000 | £191,414 | £464,414 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 39.187 % | £106,981 | £379,981 |
| 3 Month Average | 9.592 % | £26,187 | £299,187 |
| 6 Month Average | 33.545 % | £91,577 | £364,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £133,669 | £132,500 | 43 COQUET |
| 4 Jul 2023 | £123,664 | £122,000 | 32 COQUET |
| 17 Mar 2023 | £93,885 | £93,000 | 42 COQUET |
| 20 Jan 2023 | £37,822 | £38,000 | 24 RICKLETON VILLAGE CENTRE |
| 21 Oct 2022 | £126,142 | £127,500 | 35 COQUET |
This house has a floor area of 138 sq meters or 1,494 sq feet when measured on 3 Sep 2009. Using an estimated price of £464,414 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on THE CHASE is 168 sq meters (1,811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Feb 2024 | Other crime | Under investigation | On or near Hope Shield |
| Mar 2024 | Anti-social behaviour | On or near Vigo Lane | |
| Mar 2024 | Anti-social behaviour | On or near Vigo Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vigo Lane |