£167,847
This estimated value is based upon the latest sale price for the house of £115,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Chester Grove
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Price Paid | Date |
---|---|
£115,000 | 15 May 2015 |
£59,950 | 5 Jul 2002 |
Terraced |
Leasehold |
Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in May 2015 the House Price Index for NORTHUMBERLAND was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £115,000 results in an estimated price of approximately £167,847.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £115,000 | £52,847 | £167,847 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 112.708 % | £129,614 | £244,614 |
3 Month Average | 3.219 % | £3,702 | £118,702 |
6 Month Average | 3.049 % | £3,506 | £118,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £157,007 | £155,000 | 12 CHESTER GROVE |
31 Jul 2023 | £177,387 | £175,000 | 4 CHESTER GROVE |
14 Jun 2022 | £78,104 | £77,000 | 14 SOUTHEND AVENUE |
26 Jan 2022 | £102,241 | £97,150 | 52 LEAHOLME CRESCENT |
10 Dec 2021 | £171,420 | £160,000 | 9 HAVEN COURT |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 5 Apr 2013. Using an estimated price of £167,847 means this house is valued at £2,072 per sq meter (£192 per sq foot).
The average size of a house on CHESTER GROVE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chester Grove |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leaholme Crescent |
Jan 2024 | Anti-social behaviour | On or near Haven Court | |
Jan 2024 | Anti-social behaviour | On or near Haven Court | |
Jan 2024 | Anti-social behaviour | On or near Haven Court |