£257,363
This estimated value is based upon the latest sale price for the house of £247,000 on 23 Oct 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£247,000 | 23 Oct 2024 |
£195,000 | 10 Feb 2012 |
£135,000 | 12 Aug 2011 |
Semi-Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 2024 the House Price Index for TYNE AND WEAR was 100.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.196%.Applying this 4.196% change to the original purchase price of £247,000 results in an estimated price of approximately £257,363.
23 Oct 2024 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.1 | 104.3 | 4.196 % | £247,000 | £10,363 | £257,363 |
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 | -24.930 % | £-61,577 | £185,422 |
3 Month Average | -10.014 % | £-24,735 | £222,264 |
6 Month Average | -21.194 % | £-52,348 | £194,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2024 | £257,364 | £247,000 | 3 CHELSEA GROVE |
18 May 2023 | £129,315 | £122,000 | 24 DILSTON ROAD |
4 May 2023 | £137,795 | £130,000 | 33 CROYDON ROAD |
3 May 2023 | £217,292 | £205,000 | 11 CALLERTON PLACE |
28 Apr 2023 | £497,170 | £470,000 | 1 BISHOPS AVENUE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 21 Sep 2021. Using an estimated price of £257,364 means this house is valued at £1,608 per sq meter (£149 per sq foot).
The average size of a house on CHELSEA GROVE is 173 sq meters (1,863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Robbery | Investigation complete; no suspect identified | On or near Chelsea Grove |
Mar 2025 | Public order | Under investigation | On or near Chelsea Grove |
Mar 2025 | Anti-social behaviour | On or near Chelsea Grove | |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Chelsea Grove |
Mar 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chelsea Grove |