£310,295
This estimated value is based upon the latest sale price for the house of £249,950 on 16 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£249,950 | 16 Oct 2018 |
£195,000 | 20 Nov 2003 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £249,950 results in an estimated price of approximately £310,295.
16 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £249,950 | £60,345 | £310,295 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -42.943 % | £-107,336 | £142,613 |
3 Month Average | 22.290 % | £55,713 | £305,663 |
6 Month Average | 18.167 % | £45,407 | £295,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £380,851 | £375,000 | 72 PLESSEY CRESCENT |
21 Nov 2023 | £436,069 | £425,000 | 94 PLESSEY CRESCENT |
3 Nov 2023 | £492,502 | £480,000 | 2 DILSTON AVENUE |
5 Apr 2023 | £461,125 | £452,500 | 14 DILSTON AVENUE |
31 Mar 2023 | £686,464 | £675,000 | 6 AMBLE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Jul 2013. Using an estimated price of £310,296 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on CHOLLERFORD AVENUE is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chollerford Avenue |
Jul 2024 | Vehicle crime | Under investigation | On or near Chollerford Avenue |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Whitley Bay |
Jul 2024 | Anti-social behaviour | On or near Whitley Bay | |
Jul 2024 | Anti-social behaviour | On or near Whitley Bay |