£205,013
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£165,000 | 5 Jul 2019 |
£179,999 | 29 Aug 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £165,000 results in an estimated price of approximately £205,013.
5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £165,000 | £40,013 | £205,013 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -37.707 % | £-62,217 | £102,782 |
3 Month Average | 9.867 % | £16,281 | £181,281 |
6 Month Average | 13.836 % | £22,829 | £187,829 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £177,731 | £175,000 | 23 BYGATE COURT CHAPEL LANE |
6 Mar 2024 | £172,653 | £170,000 | 6 BYGATE COURT CHAPEL LANE |
18 Dec 2023 | £170,231 | £165,000 | 14 BYGATE COURT CHAPEL LANE |
14 Dec 2023 | £1,229,789 | £1,192,000 | 4 BEVERLEY PARK |
8 Nov 2023 | £164,167 | £160,000 | 17 BYGATE COURT CHAPEL LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Aug 2012. Using an estimated price of £205,013 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on CHAPEL LANE is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Under investigation | On or near Churchill Court |
Jul 2024 | Shoplifting | Under investigation | On or near Churchill Court |
Jun 2024 | Shoplifting | Awaiting court outcome | On or near Churchill Court |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Churchill Court |
Jun 2024 | Shoplifting | Awaiting court outcome | On or near Churchill Court |