£283,327
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Jan 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£275,000 | 5 Jan 2024 |
£78,500 | 2 Nov 1999 |
Terraced |
Leasehold |
Floor Area: 86 sq meters or 925 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 2024 the House Price Index for TYNE AND WEAR was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £275,000 results in an estimated price of approximately £283,327.
5 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.3 | 149.7 | 3.028 % | £275,000 | £8,327 | £283,327 |
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 | -46.985 % | £-129,207 | £145,792 |
3 Month Average | -6.453 % | £-17,744 | £257,255 |
6 Month Average | -3.552 % | £-9,769 | £265,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £127,000 | £127,000 | 21 BRANDLING COURT |
3 May 2024 | £129,950 | £129,950 | 63 CHIRTON DENE QUAYS |
5 Dec 2023 | £89,758 | £87,000 | 17 CHIRTON DENE QUAYS |
22 Sep 2023 | £115,547 | £113,000 | 18 CHIRTON DENE QUAYS |
6 Sep 2023 | £105,322 | £103,000 | 38 BRANDLING COURT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 May 2019.
The average size of a house on CHIRTON DENE QUAYS is 69 sq meters (746 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Chirton Dene Quays | |
Jul 2024 | Anti-social behaviour | On or near Chirton Dene Quays | |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chirton Dene Quays |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Chirton Dene Quays |
Jul 2024 | Anti-social behaviour | On or near Chirton Dene Quays |