£237,824
This estimated value is based upon the latest sale price for the house of £182,000 on 16 Jan 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Eshmere Crescent
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| Price Paid | Date |
|---|---|
| £182,000 | 16 Jan 2017 |
| £156,000 | 21 Nov 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £182,000 results in an estimated price of approximately £237,824.
| 16 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £182,000 | £55,824 | £237,824 |
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 | -35.303 % | £-64,251 | £117,748 |
| 3 Month Average | -6.560 % | £-11,939 | £170,060 |
| 6 Month Average | 17.237 % | £31,372 | £213,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £165,394 | £162,500 | 199 HILLHEAD PARKWAY |
| 16 Aug 2023 | £240,100 | £238,000 | 86 HILLHEAD PARKWAY |
| 27 Jan 2023 | £318,500 | £320,000 | 1 ELRICK CLOSE |
| 30 Sep 2022 | £238,077 | £240,000 | 11 ELRICK CLOSE |
| 2 Sep 2022 | £243,037 | £245,000 | 15 DULVERSTON CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Sep 2014. Using an estimated price of £237,825 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on CHADDERTON DRIVE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Eshmere Crescent |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Dulverston Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Dulverston Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elrick Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elrick Close |