£554,259
This estimated value is based upon the latest sale price for the house of £455,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £455,000 | 31 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £455,000 results in an estimated price of approximately £554,259.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £455,000 | £99,259 | £554,259 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 15.106 % | £68,730 | £523,730 |
| 3 Month Average | 19.511 % | £88,775 | £543,775 |
| 6 Month Average | 38.006 % | £172,927 | £627,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £875,000 | £875,000 | 16 BEAUMONT DRIVE |
| 5 Mar 2024 | £564,676 | £556,000 | 52 EARNSHAW WAY |
| 5 Dec 2023 | £737,667 | £715,000 | 4 COLSTON WAY |
| 15 Sep 2023 | £395,723 | £387,000 | 19 EARNSHAW WAY |
| 10 Aug 2023 | £779,051 | £765,000 | 35 EARNSHAW WAY |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 4 Mar 2020. Using an estimated price of £554,260 means this house is valued at £3,930 per sq meter (£365 per sq foot).
The average size of a house on CHEVINGTON GROVE is 139 sq meters (1,505 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Chesters |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Chesters |
| Jul 2024 | Public order | Awaiting court outcome | On or near Hillsden Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hillsden Road |
| Jul 2024 | Anti-social behaviour | On or near Ashton Way |