£196,382
This estimated value is based upon the latest sale price for the house of £147,500 on 1 Aug 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£147,500 | 1 Aug 2016 |
Semi-Detached |
Leasehold |
Floor Area: 55 sq meters or 592 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 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £147,500 results in an estimated price of approximately £196,382.
1 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £147,500 | £48,882 | £196,382 |
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 | -38.552 % | £-56,863 | £90,636 |
3 Month Average | -11.239 % | £-16,577 | £130,922 |
6 Month Average | 22.195 % | £32,737 | £180,237 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £223,306 | £220,000 | 11 KENMOOR WAY |
23 Nov 2023 | £150,224 | £148,000 | 10 DAWLISH PLACE |
18 Aug 2023 | £201,765 | £200,000 | 28 KIDDERMINSTER DRIVE |
10 Jan 2023 | £189,059 | £189,950 | 42 KENMOOR WAY |
17 Mar 2022 | £238,340 | £230,000 | 146 CHADDERTON DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Oct 2015. Using an estimated price of £196,383 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on CHADDERTON DRIVE is 81 sq meters (878 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Dulverston Close |
Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Dulverston Close |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kearton Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kearton Avenue |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Kearton Avenue |