£239,125
This estimated value is based upon the latest sale price for the house of £139,950 on 1 Jun 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 |
|---|---|
| £139,950 | 1 Jun 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 79 sq meters or 860 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 June 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £139,950 results in an estimated price of approximately £239,125.
| 1 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £139,950 | £99,175 | £239,125 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -3.877 % | £-5,426 | £134,523 |
| 3 Month Average | 10.138 % | £14,188 | £154,138 |
| 6 Month Average | 14.789 % | £20,697 | £160,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £268,849 | £264,000 | 23 CHOWDENE BANK |
| 11 Apr 2023 | £341,385 | £335,000 | 2 GREENACRE PARK |
| 6 Apr 2023 | £263,937 | £259,000 | 27 SIDMOUTH ROAD |
| 22 Oct 2021 | £334,401 | £300,000 | 31 CHOWDENE BANK |
| 16 Sep 2021 | £390,805 | £360,000 | 8 GREENACRE PARK |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 14 Feb 2012. Using an estimated price of £239,125 means this house is valued at £2,992 per sq meter (£277 per sq foot).
The average size of a house on CHOWDENE BANK is 169 sq meters (1,819 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greenacre Park |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Greenacre Park |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Tiverton Gardens |
| Jun 2024 | Anti-social behaviour | On or near Sidmouth Road | |
| Jun 2024 | Anti-social behaviour | On or near Sidmouth Road |