£51,986
This estimated value is based upon the latest sale price for the house of £17,100 on 14 Feb 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £17,100 | 14 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 February 2002 the House Price Index for TYNE AND WEAR was 48.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 204.012%.Applying this 204.012% change to the original purchase price of £17,100 results in an estimated price of approximately £51,986.
| 14 Feb 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 146.7 | 204.012 % | £17,100 | £34,886 | £51,986 |
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 | 171.469 % | £29,321 | £46,421 |
| 3 Month Average | 162.656 % | £27,814 | £44,914 |
| 6 Month Average | 182.973 % | £31,288 | £48,388 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Jan 2014.
The average size of a house on CHESTNUT AVENUE is 68 sq meters (740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Greenhill View |
| Mar 2024 | Public order | Under investigation | On or near Greenhill View |
| Dec 2023 | Anti-social behaviour | On or near Greenhill View | |
| Dec 2023 | Anti-social behaviour | On or near Greenhill View | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenhill View |