£166,435
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Nov 2015 |
| £70,000 | 5 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £120,000 results in an estimated price of approximately £166,435.
| 25 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £120,000 | £46,435 | £166,435 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 53.341 % | £64,009 | £184,009 |
| 3 Month Average | 18.767 % | £22,520 | £142,520 |
| 6 Month Average | 20.905 % | £25,086 | £145,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £166,010 | £165,000 | 2 TYNE GREEN MEWS |
| 5 Jul 2023 | £107,012 | £106,000 | 10 TYNE GREEN MEWS |
| 30 Jun 2023 | £116,948 | £116,000 | 3 TYNE GREEN MEWS |
| 27 May 2022 | £147,188 | £145,000 | 2 EILANVILLE |
| 20 May 2022 | £192,867 | £190,000 | 20 EILANVILLE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Aug 2015. Using an estimated price of £166,435 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on CHAREWAY is 67 sq meters (729 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Prior Terrace |
| Apr 2024 | Public order | Offender given a caution | On or near Prior Terrace |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Jan 2024 | Public order | Under investigation | On or near Bus/Coach Station |