£177,036
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 8 Oct 2021 |
£120,000 | 4 Oct 2019 |
£120,000 | 22 Dec 2004 |
£34,000 | 5 Jan 1996 |
Flats/Maisonettes |
Freehold |
Floor Area: 70 sq meters or 753 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 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £160,000 results in an estimated price of approximately £177,036.
8 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £160,000 | £17,036 | £177,036 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 8.708 % | £13,932 | £173,932 |
3 Month Average | -12.914 % | £-20,662 | £139,337 |
6 Month Average | 4.863 % | £7,780 | £167,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £418,663 | £415,000 | 18 SEFTON AVENUE |
7 Aug 2023 | £164,439 | £163,000 | 34 BIDDLESTONE ROAD |
2 Aug 2023 | £167,011 | £165,550 | 335 CHILLINGHAM ROAD |
21 Jul 2023 | £96,803 | £95,500 | 296 CHILLINGHAM ROAD |
3 Feb 2023 | £278,812 | £279,000 | 365 CHILLINGHAM ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Jun 2020. Using an estimated price of £177,036 means this house is valued at £2,529 per sq meter (£234 per sq foot).
The average size of a house on CHILLINGHAM ROAD is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sefton Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sefton Avenue |