£138,336
This estimated value is based upon the latest sale price for the house of £90,000 on 16 Jun 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 16 Jun 2014 |
| £64,950 | 29 Aug 2003 |
| Terraced |
| Freehold |
| 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 June 2014 the House Price Index for TYNE AND WEAR was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £90,000 results in an estimated price of approximately £138,336.
| 16 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £90,000 | £48,336 | £138,336 |
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 | -2.907 % | £-2,616 | £87,383 |
| 3 Month Average | 18.229 % | £16,406 | £106,406 |
| 6 Month Average | 34.924 % | £31,431 | £121,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £136,748 | £135,000 | 7 EWEN COURT |
| 27 Jul 2023 | £126,705 | £125,000 | 1 DEREHAM WAY |
| 2 Jun 2023 | £117,928 | £116,500 | 47 WYNDHAM WAY |
| 28 Apr 2023 | £126,361 | £125,000 | 57 DEREHAM WAY |
| 17 Nov 2022 | £138,324 | £140,000 | 18 CHILHAM COURT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Apr 2015. Using an estimated price of £138,337 means this house is valued at £1,608 per sq meter (£149 per sq foot).
The average size of a house on CHILHAM COURT is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | 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 | Violence and sexual offences | Under investigation | On or near Chilham Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chilham Court |
| Mar 2024 | Public order | Under investigation | On or near Chilham Court |