£193,957
This estimated value is based upon the latest sale price for the house of £157,000 on 4 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 |
|---|---|
| £157,000 | 4 Oct 2019 |
| £30,000 | 16 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £157,000 results in an estimated price of approximately £193,957.
| 4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £157,000 | £36,957 | £193,957 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 77.315 % | £121,384 | £278,384 |
| 3 Month Average | 22.127 % | £34,740 | £191,740 |
| 6 Month Average | 27.944 % | £43,872 | £200,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £111,000 | £111,000 | 7 QUEENSWAY |
| 18 Aug 2023 | £91,653 | £90,000 | 3 ORD COURT |
| 16 Jun 2023 | £144,904 | £142,000 | 2 ROYAL CRESCENT |
| 17 Feb 2023 | £5,622,559 | £5,585,000 | ST. MARYS COLLEGE FENHAM HALL DRIVE |
| 17 Feb 2023 | £4,530,262 | £4,500,000 | SAINT MARYS COLLEGE FENHAM HALL DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jul 2019. Using an estimated price of £193,958 means this house is valued at £2,309 per sq meter (£214 per sq foot).
The average size of a house on FENHAM CHASE is 115 sq meters (1,240 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Fenham Chase | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fenham Chase |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fenham Chase |
| May 2024 | Violence and sexual offences | Under investigation | On or near Fenham Chase |
| Apr 2024 | Anti-social behaviour | On or near Fenham Chase |