£159,421
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Oct 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 |
|---|---|
| £130,000 | 17 Oct 2019 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £130,000 results in an estimated price of approximately £159,421.
| 17 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £130,000 | £29,421 | £159,421 |
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 | 12.729 % | £16,548 | £146,548 |
| 3 Month Average | 10.324 % | £13,421 | £143,421 |
| 6 Month Average | 16.024 % | £20,830 | £150,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £150,224 | £148,000 | 10 DAWLISH PLACE |
| 27 Apr 2023 | £227,449 | £225,000 | 7 KINVER DRIVE |
| 3 Feb 2023 | £149,849 | £149,950 | 43 DENHAM WALK |
| 10 May 2022 | £198,745 | £195,000 | 39 DENHAM WALK |
| 18 Mar 2022 | £165,750 | £159,950 | 8 DENHAM WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Oct 2018. Using an estimated price of £159,422 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on CHADDERTON DRIVE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dundee Close |
| Dec 2023 | Anti-social behaviour | On or near Kinver Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kinver Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kinver Drive | |
| Dec 2023 | Anti-social behaviour | On or near Kinver Drive |