£208,568
This estimated value is based upon the latest sale price for the house of £107,000 on 5 Jul 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£107,000 | 5 Jul 2004 |
£107,000 | 5 Jul 2004 |
£73,000 | 26 Jul 2002 |
£51,995 | 14 Jul 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 July 2004 the House Price Index for TYNE AND WEAR was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £107,000 results in an estimated price of approximately £208,568.
5 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £107,000 | £101,568 | £208,568 |
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 | 24.012 % | £25,693 | £132,693 |
3 Month Average | 39.423 % | £42,183 | £149,183 |
6 Month Average | 64.296 % | £68,796 | £175,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £88,549 | £87,000 | 17 CHIRTON DENE QUAYS |
22 Sep 2023 | £114,464 | £113,000 | 18 CHIRTON DENE QUAYS |
6 Sep 2023 | £104,334 | £103,000 | 38 BRANDLING COURT |
4 Sep 2023 | £283,626 | £280,000 | 49 CHIRTON DENE QUAYS |
21 Aug 2023 | £161,412 | £160,000 | 27 CHIRTON DENE QUAYS |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 Jun 2020. Using an estimated price of £208,569 means this house is valued at £3,935 per sq meter (£365 per sq foot).
The average size of a house on CHIRTON DENE QUAYS is 69 sq meters (748 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chirton Dene Quays | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chirton Dene Quays |
Feb 2024 | Anti-social behaviour | On or near Chirton Dene Quays | |
Feb 2024 | Anti-social behaviour | On or near Chirton Dene Quays | |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Chirton Dene Quays |