£342,961
This estimated value is based upon the latest sale price for the house of £202,000 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£202,000 | 5 Oct 2012 |
£235,000 | 28 Oct 2005 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,466 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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £202,000 results in an estimated price of approximately £342,961.
5 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £202,000 | £140,961 | £342,961 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 37.415 % | £75,577 | £277,577 |
3 Month Average | 29.794 % | £60,184 | £262,184 |
6 Month Average | 25.794 % | £52,103 | £254,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £111,959 | £110,000 | 15 HALL FARM ROAD |
30 Nov 2023 | £274,057 | £270,000 | 11 SILVERDALE |
8 Jun 2023 | £40,489 | £39,999 | 80 MEADOW HOUSE HALLFIELD CLOSE |
7 Jul 2022 | £200,540 | £200,000 | 7 AYLESBURY DRIVE |
25 Feb 2022 | £188,817 | £180,050 | 10 FAIRMILE DRIVE |
This house has a floor area of 136 sq meters or 1,466 sq feet when measured on 10 Sep 2010. Using an estimated price of £342,961 means this house is valued at £2,516 per sq meter (£233 per sq foot).
The average size of a house on THE CHEYNE is 122 sq meters (1,320 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,466 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Hall Farm Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yardley Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Yardley Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale |