£409,858
This estimated value is based upon the latest sale price for the house of £218,000 on 18 Jan 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £218,000 | 18 Jan 2005 |
| £66,000 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 January 2005 the House Price Index for TYNE AND WEAR was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £218,000 results in an estimated price of approximately £409,858.
| 18 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £218,000 | £191,858 | £409,858 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 68.007 % | £148,254 | £366,254 |
| 3 Month Average | 45.250 % | £98,646 | £316,646 |
| 6 Month Average | 27.744 % | £60,481 | £278,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £207,655 | £205,000 | FLAT 6 4 OSBORNE TERRACE |
| 12 Sep 2023 | £184,357 | £182,000 | 19 CHESTER STREET |
| 28 Jul 2023 | £202,729 | £200,000 | FLAT 5 4 OSBORNE TERRACE |
| 21 Jul 2023 | £304,093 | £300,000 | 52 CHESTER STREET |
| 31 Mar 2023 | £222,092 | £220,000 | 18 CHESTER STREET |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 23 Jan 2019. Using an estimated price of £409,858 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on HARRISON PLACE is 169 sq meters (1,828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Chester Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |