£308,945
This estimated value is based upon the latest sale price for the house of £174,950 on 10 Apr 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Chapel House Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £174,950 | 10 Apr 2006 |
| £129,950 | 10 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 April 2006 the House Price Index for TYNE AND WEAR was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £174,950 results in an estimated price of approximately £308,945.
| 10 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 149.7 | 76.591 % | £174,950 | £133,995 | £308,945 |
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 | 35.088 % | £61,385 | £236,335 |
| 3 Month Average | 31.301 % | £54,761 | £229,711 |
| 6 Month Average | 33.420 % | £58,467 | £233,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £199,950 | £199,950 | 37 CHAPEL HOUSE DRIVE |
| 7 Mar 2024 | £284,369 | £280,000 | 47 CHAPEL HOUSE DRIVE |
| 24 Nov 2023 | £210,339 | £205,000 | 41 ASHDALE CRESCENT |
| 27 Oct 2023 | £222,555 | £217,500 | 57 ASHDALE CRESCENT |
| 8 Sep 2023 | £106,856 | £104,500 | 21 CHAPEL HOUSE DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Nov 2012. Using an estimated price of £308,945 means this house is valued at £3,152 per sq meter (£292 per sq foot).
The average size of a house on CHAPEL HOUSE DRIVE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Chapel House Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel House Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel House Road |
| Sep 2024 | Shoplifting | Under investigation | On or near Chapel House Road |
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Chapel House Road |