£532
This estimated value is based upon the latest sale price for the house of £100 on 3 Dec 1996. 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 Kings Road North
More crime details
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| Price Paid | Date |
|---|---|
| £100 | 3 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 1996 the House Price Index for TYNE AND WEAR was 27.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 432.520%.Applying this 432.520% change to the original purchase price of £100 results in an estimated price of approximately £532.
| 3 Dec 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 146.7 | 432.520 % | £100 | £432 | £532 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 172.579 % | £172 | £272 |
| 3 Month Average | 271.837 % | £271 | £371 |
| 6 Month Average | 266.420 % | £266 | £366 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Mar 2014.
The average size of a house on RAE AVENUE is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kings Road North | |
| Feb 2024 | Anti-social behaviour | On or near Kings Road North | |
| Feb 2024 | Anti-social behaviour | On or near Kings Road North | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kings Road North |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Kings Road North |