£137,281
This estimated value is based upon the latest sale price for the house of £87,500 on 24 Aug 2007. 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 |
|---|---|
| £87,500 | 24 Aug 2007 |
| £56,000 | 29 Jul 2003 |
| £15,000 | 10 Aug 2001 |
| £13,500 | 18 Mar 1996 |
| Terraced |
| Freehold |
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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £87,500 results in an estimated price of approximately £137,281.
| 24 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £87,500 | £49,781 | £137,281 |
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 | 12.023 % | £10,520 | £98,020 |
| 3 Month Average | -5.377 % | £-4,704 | £82,795 |
| 6 Month Average | -2.905 % | £-2,541 | £84,958 |
| 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 |
| 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 |