£125,901
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 7 Aug 2020 |
| £85,000 | 11 Oct 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 50 sq meters or 538 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £105,000 results in an estimated price of approximately £125,901.
| 7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £105,000 | £20,901 | £125,901 |
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 | -12.124 % | £-12,730 | £92,269 |
| 3 Month Average | -10.743 % | £-11,280 | £93,719 |
| 6 Month Average | 8.461 % | £8,883 | £113,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £203,562 | £200,000 | 46 GREENVALE AVENUE |
| 30 Nov 2023 | £102,518 | £101,000 | 30 CHESSAR AVENUE |
| 29 Sep 2023 | £131,684 | £130,000 | 9 DEWLEY ROAD |
| 8 Jun 2023 | £212,575 | £210,000 | 16 DEWLEY ROAD |
| 17 Mar 2023 | £129,217 | £128,000 | 1 FINSMERE PLACE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Jun 2020. Using an estimated price of £125,902 means this house is valued at £2,518 per sq meter (£233 per sq foot).
The average size of a house on CHESSAR AVENUE is 80 sq meters (861 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookville Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookville Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookville Crescent |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Brookville Crescent |
| Mar 2024 | Public order | Under investigation | On or near Finsmere Place |