£233,482
This estimated value is based upon the latest sale price for the house of £189,000 on 15 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£189,000 | 15 Jan 2019 |
£130,000 | 9 Apr 2018 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £189,000 results in an estimated price of approximately £233,482.
15 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £189,000 | £44,482 | £233,482 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 11.443 % | £21,627 | £210,627 |
3 Month Average | 13.684 % | £25,862 | £214,862 |
6 Month Average | 12.241 % | £23,134 | £212,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £136,748 | £135,000 | 10 AUSTWICK WALK |
8 Sep 2023 | £105,853 | £104,500 | 21 CHAPEL HOUSE DRIVE |
6 Jan 2023 | £273,711 | £275,000 | 52 CHAPEL HOUSE ROAD |
2 Sep 2022 | £332,316 | £335,000 | 46 CHAPEL HOUSE ROAD |
5 Aug 2022 | £1,078,098 | £1,081,000 | 13 CHAPEL HOUSE DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Sep 2018. Using an estimated price of £233,482 means this house is valued at £2,955 per sq meter (£274 per sq foot).
The average size of a house on CHAPEL HOUSE DRIVE is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chapel House Drive |
Mar 2024 | Shoplifting | Under investigation | On or near Chapel House Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel House Road |
Feb 2024 | Shoplifting | Under investigation | On or near Chapel House Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel House Road |