£81,136
This estimated value is based upon the latest sale price for the house of £65,000 on 6 Apr 2018. 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
More crime details
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Price Paid | Date |
---|---|
£65,000 | 6 Apr 2018 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 April 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £65,000 results in an estimated price of approximately £81,136.
6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £65,000 | £16,136 | £81,136 |
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 | 40.138 % | £26,089 | £91,089 |
3 Month Average | 19.466 % | £12,652 | £77,652 |
6 Month Average | 20.717 % | £13,466 | £78,466 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £136,842 | £135,000 | 2 HARLOW STREET |
11 Nov 2022 | £74,102 | £75,000 | 9 CHESTER TERRACE NORTH |
10 Nov 2022 | £64,222 | £65,000 | 8 TINTERN STREET |
28 Apr 2022 | £57,669 | £56,000 | 12A TINTERN STREET |
9 Apr 2022 | £51,490 | £50,000 | 4 ST MARKS TERRACE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Jan 2018. Using an estimated price of £81,136 means this house is valued at £891 per sq meter (£82 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 |
Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marks Crescent |