£162,233
This estimated value is based upon the latest sale price for the house of £129,950 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£129,950 | 20 Jul 2018 |
£100,000 | 11 Apr 2011 |
Semi-Detached |
Leasehold |
Floor Area: 62 sq meters or 677 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 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £129,950 results in an estimated price of approximately £162,233.
20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £129,950 | £32,283 | £162,233 |
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 | 28.132 % | £36,557 | £166,507 |
3 Month Average | 26.407 % | £34,315 | £164,265 |
6 Month Average | 13.552 % | £17,611 | £147,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £206,340 | £200,000 | 92 CHAPEL HOUSE DRIVE |
22 Nov 2023 | £128,256 | £125,000 | 11 BYRON COURT |
31 Mar 2023 | £201,363 | £198,000 | 105 CHAPEL HOUSE DRIVE |
20 Jan 2023 | £210,563 | £210,000 | 8 BARBONDALE LONNEN |
14 Oct 2022 | £169,434 | £170,000 | 48 ARNSIDE WALK |
This house has a floor area of 62 sq meters or 677 sq feet when measured on 27 Mar 2010. Using an estimated price of £162,233 means this house is valued at £2,575 per sq meter (£239 per sq foot).
The average size of a house on CHAPEL HOUSE DRIVE is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Shopping Area | |
Jun 2024 | Anti-social behaviour | On or near Shopping Area | |
Jun 2024 | Anti-social behaviour | On or near Shopping Area | |
Jun 2024 | Anti-social behaviour | On or near Shopping Area | |
Jun 2024 | Vehicle crime | Under investigation | On or near Arncliffe Gardens |