£166,018
This estimated value is based upon the latest sale price for the house of £165,000 on 20 May 2022. 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 Chipchase
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £165,000 | 20 May 2022 |
| £132,000 | 21 Jan 2019 |
| £137,000 | 14 Dec 2018 |
| £136,000 | 6 Feb 2015 |
| £129,950 | 1 Oct 2004 |
| £90,000 | 15 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £165,000 results in an estimated price of approximately £166,018.
| 20 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £165,000 | £1,018 | £166,018 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 52.732 % | £87,007 | £252,007 |
| 3 Month Average | -3.852 % | £-6,355 | £158,644 |
| 6 Month Average | 22.771 % | £37,571 | £202,571 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 22 May 2014.
The average size of a house on HEXHAM is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Chipchase |
| Mar 2024 | Other theft | Under investigation | On or near Mallard Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallard Close |
| Mar 2024 | Other theft | Under investigation | On or near Mallard Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallard Close |