£1,156,620
This estimated value is based upon the latest sale price for the house of £275,000 on 10 Sep 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £275,000 | 10 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 315 sq meters or 3,390 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 September 1999 the House Price Index for TYNE AND WEAR was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £275,000 results in an estimated price of approximately £1,156,620.
| 10 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £275,000 | £881,620 | £1,156,620 |
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 | 107.969 % | £296,913 | £571,913 |
| 3 Month Average | 193.171 % | £531,221 | £806,221 |
| 6 Month Average | 200.841 % | £552,311 | £827,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £251,727 | £248,000 | 26 SIDMOUTH ROAD |
| 6 Apr 2023 | £261,819 | £259,000 | 27 SIDMOUTH ROAD |
| 5 Apr 2023 | £192,068 | £190,000 | 8 BRIDLINGTON AVENUE |
| 3 Mar 2023 | £292,758 | £290,000 | 8 - 10 CHOWDENE BANK |
| 22 Jul 2022 | £210,567 | £210,000 | 28 BRIDLINGTON AVENUE |
This house has a floor area of 315 sq meters or 3,390 sq feet when measured on 27 Oct 2015. Using an estimated price of £1,156,620 means this house is valued at £3,671 per sq meter (£341 per sq foot).
The average size of a house on CHOWDENE BANK is 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sidmouth Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Appledore Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Worley Mews |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Worley Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Worley Mews |