£177,020
This estimated value is based upon the latest sale price for the house of £173,000 on 9 Feb 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 |
---|---|
£173,000 | 9 Feb 2024 |
£111,000 | 26 Feb 2010 |
£235,000 | 28 Jan 2008 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,253 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 February 2024 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £173,000 results in an estimated price of approximately £177,020.
9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £173,000 | £4,020 | £177,020 |
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 | -41.381 % | £-71,588 | £101,411 |
3 Month Average | -10.061 % | £-17,406 | £155,593 |
6 Month Average | -3.725 % | £-6,444 | £166,555 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £79,692 | £79,000 | 24 BRANNEN STREET |
28 Mar 2024 | £58,905 | £58,000 | 129 CHIRTON WEST VIEW |
3 Nov 2023 | £66,693 | £65,000 | 53 STORMONT STREET |
21 Aug 2023 | £122,204 | £120,000 | 99 CHIRTON WEST VIEW |
30 Jun 2023 | £93,881 | £92,000 | 142 CHIRTON WEST VIEW |
This house has a floor area of 116 sq meters or 1,253 sq feet when measured on 3 Dec 2009.
The average size of a house on LAUREL HEIGHTS is 85 sq meters (924 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,253 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Chirton West View | |
Jul 2024 | Anti-social behaviour | On or near Chirton West View | |
Jun 2024 | Anti-social behaviour | On or near Chirton West View | |
Jun 2024 | Anti-social behaviour | On or near Chirton West View | |
Jun 2024 | Anti-social behaviour | On or near Chirton West View |