£253,368
This estimated value is based upon the latest sale price for the house of £150,000 on 13 Oct 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,000 | 13 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2006 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £150,000 results in an estimated price of approximately £253,368.
| 13 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £150,000 | £103,368 | £253,368 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 15.648 % | £23,471 | £173,471 |
| 3 Month Average | -1.242 % | £-1,862 | £148,137 |
| 6 Month Average | -0.907 % | £-1,360 | £148,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £108,608 | £107,000 | 77 SORLEY STREET |
| 3 Nov 2023 | £98,458 | £97,000 | 33 ELDON STREET |
| 11 Aug 2023 | £80,706 | £80,000 | 29 ELDON STREET |
| 14 Jul 2023 | £129,239 | £127,500 | 28 JACKSON STREET |
| 16 Jun 2023 | £116,410 | £115,000 | 104 SORLEY STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Aug 2013. Using an estimated price of £253,369 means this house is valued at £3,167 per sq meter (£294 per sq foot).
The average size of a house on CHESTER ROAD is 144 sq meters (1,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Co-Operative Terrace |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wolseley Terrace |