£329,400
This estimated value is based upon the latest sale price for the house of £59,000 on 22 Feb 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,000 | 22 Feb 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for TYNE AND WEAR was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £59,000 results in an estimated price of approximately £329,400.
| 22 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £59,000 | £270,400 | £329,400 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 186.994 % | £110,326 | £169,326 |
| 3 Month Average | 270.214 % | £159,426 | £218,426 |
| 6 Month Average | 266.072 % | £156,982 | £215,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £236,640 | £232,500 | 13A CHESTERS PARK |
| 24 Nov 2023 | £361,350 | £356,000 | 14 HEATHFIELD PLACE |
| 30 Sep 2022 | £376,956 | £380,000 | 25 HEATHFIELD PLACE |
| 30 Jul 2021 | £255,137 | £222,000 | 12 ANDERSON GREEN |
| 30 Jul 2021 | £68,956 | £60,000 | 1 TELFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chesters Park | |
| Mar 2024 | Anti-social behaviour | On or near Chesters Park | |
| Feb 2024 | Anti-social behaviour | On or near Chesters Park | |
| Feb 2024 | Anti-social behaviour | On or near Chesters Park | |
| Feb 2024 | Anti-social behaviour | On or near Chesters Park |