£187,533
This estimated value is based upon the latest sale price for the house of £33,500 on 21 Jun 1996. 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 Chester Street East
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| Price Paid | Date |
|---|---|
| £33,500 | 21 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £33,500 results in an estimated price of approximately £187,533.
| 21 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 459.800 % | £33,500 | £154,033 | £187,533 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 262.671 % | £87,994 | £121,494 |
| 3 Month Average | 185.709 % | £62,212 | £95,712 |
| 6 Month Average | 191.575 % | £64,177 | £97,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £5,661 | £5,600 | 7 DALTON PLACE |
| 30 Mar 2023 | £68,647 | £68,000 | 74 ST MARKS ROAD |
| 8 Aug 2022 | £196,970 | £197,500 | 10 ARROL PARK |
| 30 Jun 2022 | £45,645 | £45,000 | 3 EARL STREET |
| 21 Jan 2022 | £57,882 | £55,000 | 68 ST MARKS ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Jul 2016. Using an estimated price of £187,533 means this house is valued at £1,720 per sq meter (£159 per sq foot).
The average size of a house on CHESTER STREET EAST is 144 sq meters (1,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chester Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Street East |
| Jan 2024 | Robbery | Under investigation | On or near Chester Street East |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rokeby Street |