£158,875
This estimated value is based upon the latest sale price for the house of £124,000 on 22 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,000 | 22 Jun 2017 |
| £128,000 | 6 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £124,000 results in an estimated price of approximately £158,875.
| 22 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £124,000 | £34,875 | £158,875 |
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 | 7.537 % | £9,346 | £133,346 |
| 3 Month Average | 18.564 % | £23,019 | £147,019 |
| 6 Month Average | 27.331 % | £33,889 | £157,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £143,758 | £142,500 | 2 SATLEY GARDENS |
| 24 Feb 2023 | £204,862 | £205,000 | 22 HILLDYKE |
| 27 Jan 2023 | £139,294 | £139,950 | 99 SEAHAM GARDENS |
| 20 Jan 2023 | £278,687 | £280,000 | 27 LONG BANK |
| 19 Jan 2023 | £85,597 | £86,000 | 6 CHAMBERS CRESCENT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 28 Apr 2017. Using an estimated price of £158,876 means this house is valued at £3,115 per sq meter (£289 per sq foot).
The average size of a house on CHAMBERS CRESCENT is 82 sq meters (886 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Western View | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Western View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Western View |
| Feb 2024 | Anti-social behaviour | On or near Haigh Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Haigh Terrace |