£483,333
This estimated value is based upon the latest sale price for the house of £286,950 on 12 Apr 2012. 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 Bellgreen Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £286,950 | 12 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,405 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 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.438%.Applying this 68.438% change to the original purchase price of £286,950 results in an estimated price of approximately £483,333.
| 12 Apr 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.438 % | £286,950 | £196,383 | £483,333 |
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 | 14.699 % | £42,178 | £329,128 |
| 3 Month Average | 13.828 % | £39,679 | £326,629 |
| 6 Month Average | 29.425 % | £84,433 | £371,383 |
This house has a floor area of 130 sq meters or 1,405 sq feet when measured on 1 Feb 2012.
The average size of a house on CHAPEL CLOSE is 155 sq meters (1,674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Bellgreen Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlands Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlands Avenue |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Saxilby Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenriggs Avenue |