£84,189
This estimated value is based upon the latest sale price for the house of £67,000 on 25 May 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 |
|---|---|
| £67,000 | 25 May 2018 |
| £46,000 | 28 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £67,000 results in an estimated price of approximately £84,189.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £67,000 | £17,189 | £84,189 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 114.008 % | £76,385 | £143,385 |
| 3 Month Average | 47.449 % | £31,790 | £98,790 |
| 6 Month Average | 38.734 % | £25,951 | £92,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £90,788 | £90,000 | 23 HERTFORD AVENUE |
| 29 Sep 2023 | £119,637 | £117,000 | 9 DEVON GARDENS |
| 25 Aug 2023 | £44,554 | £43,750 | 36 DEVON GARDENS |
| 13 Jul 2022 | £177,276 | £175,500 | 14 HERTFORD AVENUE |
| 11 Apr 2022 | £114,116 | £110,000 | 14 EMBLETON AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Apr 2016. Using an estimated price of £84,189 means this house is valued at £1,093 per sq meter (£101 per sq foot).
The average size of a house on CHATTON AVENUE is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Embleton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Embleton Avenue | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Bramble Court |