£203,043
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Aug 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 | 1 Aug 2019 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 August 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £165,000 results in an estimated price of approximately £203,043.
| 1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £165,000 | £38,043 | £203,043 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 48.483 % | £79,997 | £244,997 |
| 3 Month Average | 12.084 % | £19,938 | £184,938 |
| 6 Month Average | 20.122 % | £33,200 | £198,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £191,626 | £189,950 | 89 HILLHEAD PARKWAY |
| 10 Mar 2023 | £191,807 | £190,000 | 19 CHUDLEIGH GARDENS |
| 30 Sep 2022 | £183,518 | £185,000 | 18 CHESHAM GARDENS |
| 10 May 2022 | £173,265 | £170,000 | 17 CLIFTON WALK |
| 11 Mar 2022 | £158,030 | £152,500 | 29 CLIFTON WALK |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Mar 2019. Using an estimated price of £203,043 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on CHADDERTON DRIVE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chudleigh Gardens | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chudleigh Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |