£53,715
This estimated value is based upon the latest sale price for the house of £39,999 on 18 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £39,999 | 18 May 2016 |
| £25,000 | 26 Feb 2016 |
| £26,000 | 8 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £39,999 results in an estimated price of approximately £53,715.
| 18 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £39,999 | £13,716 | £53,715 |
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 | -1.126 % | £-450 | £39,548 |
| 3 Month Average | 7.547 % | £3,018 | £43,017 |
| 6 Month Average | 16.337 % | £6,534 | £46,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,603 | £90,000 | 57 CHESTERTON ROAD |
| 11 Sep 2023 | £76,984 | £76,000 | 31 HAZLITT AVENUE |
| 19 Jun 2023 | £65,797 | £65,000 | 3 GASKELL AVENUE |
| 4 Apr 2023 | £91,990 | £91,000 | 17 HAZLITT AVENUE |
| 31 Mar 2023 | £98,427 | £97,500 | 100 CHESTERTON ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 1 Dec 2015. Using an estimated price of £53,715 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on CHESTERTON ROAD is 82 sq meters (891 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Hardy Avenue |
| Mar 2024 | Anti-social behaviour | On or near Hardy Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Hardy Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hardy Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hardy Avenue |