£227,773
This estimated value is based upon the latest sale price for the house of £197,000 on 11 Dec 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 |
---|---|
£197,000 | 11 Dec 2020 |
£160,000 | 12 Apr 2018 |
£135,000 | 22 Dec 2011 |
£53,000 | 15 Aug 1997 |
Semi-Detached |
Leasehold |
Floor Area: 78 sq meters or 843 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £197,000 results in an estimated price of approximately £227,773.
11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £197,000 | £30,773 | £227,773 |
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 | 5.049 % | £9,946 | £206,946 |
3 Month Average | 12.570 % | £24,763 | £221,763 |
6 Month Average | -1.165 % | £-2,294 | £194,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £218,355 | £215,000 | 7 CHAPEL HOUSE ROAD |
7 Mar 2024 | £284,369 | £280,000 | 47 CHAPEL HOUSE DRIVE |
30 Nov 2023 | £179,558 | £175,000 | 46 WESTLANDS |
8 Sep 2023 | £106,856 | £104,500 | 21 CHAPEL HOUSE DRIVE |
2 Mar 2023 | £392,556 | £386,000 | 62 WESTLANDS |
This house has a floor area of 78 sq meters or 843 sq feet when measured on 20 Jul 2011. Using an estimated price of £227,773 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on CHAPEL HOUSE ROAD is 101 sq meters (1,091 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapel House Road |
Jun 2024 | Shoplifting | Awaiting court outcome | On or near Chapel House Road |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapel House Road |
Jun 2024 | Public order | Under investigation | On or near Chapel House Road |
Jun 2024 | Shoplifting | Under investigation | On or near Chapel House Road |