£70,226
This estimated value is based upon the latest sale price for the house of £55,000 on 27 Sep 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 |
|---|---|
| £55,000 | 27 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £55,000 results in an estimated price of approximately £70,226.
| 27 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £55,000 | £15,226 | £70,226 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -8.129 % | £-4,470 | £50,529 |
| 3 Month Average | 20.463 % | £11,254 | £66,254 |
| 6 Month Average | 25.409 % | £13,974 | £68,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £146,270 | £145,000 | 36 CHILHAM COURT |
| 29 Sep 2023 | £153,381 | £150,000 | 69 DEREHAM WAY |
| 25 Sep 2023 | £138,043 | £135,000 | 7 EWEN COURT |
| 2 Jun 2023 | £118,882 | £116,500 | 47 WYNDHAM WAY |
| 17 Nov 2022 | £139,348 | £140,000 | 18 CHILHAM COURT |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 9 Jul 2012. Using an estimated price of £70,227 means this house is valued at £1,350 per sq meter (£125 per sq foot).
The average size of a house on CHILHAM COURT is 94 sq meters (1,014 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chilham Court |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chilham Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chilham Court |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chilham Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ambassadors Way |