£101,716
This estimated value is based upon the latest sale price for the house of £60,000 on 15 Sep 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 |
|---|---|
| £60,000 | 15 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 874 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 September 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £60,000 results in an estimated price of approximately £101,716.
| 15 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £60,000 | £41,716 | £101,716 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -6.999 % | £-4,199 | £55,800 |
| 3 Month Average | 19.366 % | £11,619 | £71,619 |
| 6 Month Average | 24.869 % | £14,921 | £74,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £76,984 | £76,000 | 31 HAZLITT AVENUE |
| 14 Jul 2023 | £81,091 | £80,000 | 5 CRONIN AVENUE |
| 4 Apr 2023 | £91,990 | £91,000 | 17 HAZLITT AVENUE |
| 31 Mar 2023 | £98,427 | £97,500 | 100 CHESTERTON ROAD |
| 20 Mar 2023 | £104,989 | £104,000 | 81 BELLOC AVENUE |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 22 Jul 2010. Using an estimated price of £101,716 means this house is valued at £1,251 per sq meter (£116 per sq foot).
The average size of a house on CHESTERTON ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Chesterton Road | |
| Feb 2024 | Anti-social behaviour | On or near Chesterton Road | |
| Feb 2024 | Anti-social behaviour | On or near Chesterton Road | |
| Feb 2024 | Anti-social behaviour | On or near Chesterton Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chesterton Road |