£143,532
This estimated value is based upon the latest sale price for the house of £145,000 on 21 Jul 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 21 Jul 2022 |
| £120,000 | 8 Sep 2011 |
| £53,500 | 4 May 2001 |
| £41,000 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 669 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 2022 the House Price Index for TYNE AND WEAR was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £145,000 results in an estimated price of approximately £143,532.
| 21 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £145,000 | £-1,467 | £143,532 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -49.358 % | £-71,569 | £73,430 |
| 3 Month Average | -14.359 % | £-20,820 | £124,179 |
| 6 Month Average | 2.844 % | £4,123 | £149,123 |
This house has a floor area of 62 sq meters or 669 sq feet when measured on 15 Oct 2008.
The average size of a house on CHICHESTER CLOSE is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chichester Close | |
| Feb 2024 | Anti-social behaviour | On or near Woodend Way | |
| Feb 2024 | Anti-social behaviour | On or near Woodend Way | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Court |