£217,903
This estimated value is based upon the latest sale price for the house of £200,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £200,000 | 5 Nov 2021 |
| £59,000 | 6 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £200,000 results in an estimated price of approximately £217,903.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £200,000 | £17,903 | £217,903 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -17.906 % | £-35,811 | £164,188 |
| 3 Month Average | 17.555 % | £35,110 | £235,110 |
| 6 Month Average | -3.652 % | £-7,304 | £192,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 10 PATTINSON DRIVE |
| 29 Nov 2023 | £104,554 | £101,900 | 33 MAIN STREET |
| 26 Sep 2023 | £143,156 | £140,000 | 9 CLIFFORD TERRACE |
| 14 Aug 2023 | £476,087 | £467,500 | ROSE VILLA MAIN STREET |
| 17 Feb 2023 | £135,908 | £135,000 | 25 CLIFFORD TERRACE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 19 Jul 2021. Using an estimated price of £217,904 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on CHAMBERLAIN STREET is 140 sq meters (1,513 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chamberlain Street | |
| Jul 2024 | Anti-social behaviour | On or near Chamberlain Street | |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chamberlain Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Chamberlain Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Chamberlain Street |