£141,129
This estimated value is based upon the latest sale price for the house of £106,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £106,000 | 31 Aug 2016 |
| £75,000 | 30 Jun 2015 |
| £114,000 | 27 Oct 2006 |
| £74,000 | 20 Jun 2003 |
| Terraced |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 August 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £106,000 results in an estimated price of approximately £141,129.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £106,000 | £35,129 | £141,129 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -20.226 % | £-21,439 | £84,560 |
| 3 Month Average | 3.650 % | £3,869 | £109,869 |
| 6 Month Average | 11.696 % | £12,397 | £118,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £167,137 | £165,000 | 12 RED BERRY WAY |
| 28 Jul 2023 | £79,064 | £78,000 | 14 BLUEBELL WAY |
| 28 Feb 2023 | £134,909 | £135,000 | 59 RED BERRY WAY |
| 25 Mar 2022 | £140,362 | £135,450 | 131 BROCKLEY AVENUE |
| 10 Feb 2022 | £83,896 | £80,000 | 268 GREEN LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Nov 2016. Using an estimated price of £141,129 means this house is valued at £1,660 per sq meter (£154 per sq foot).
The average size of a house on KESTREL WAY is 78 sq meters (842 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Kestrel Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kestrel Way |
| Jan 2024 | Anti-social behaviour | On or near Kestrel Way | |
| Jan 2024 | Anti-social behaviour | On or near Kestrel Way | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Redberry Way |