£92,445
This estimated value is based upon the latest sale price for the house of £56,500 on 11 Oct 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £56,500 | 11 Oct 2013 |
| £77,000 | 21 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 October 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £56,500 results in an estimated price of approximately £92,445.
| 11 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £56,500 | £35,945 | £92,445 |
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 | 33.219 % | £18,768 | £75,268 |
| 3 Month Average | 12.554 % | £7,093 | £63,593 |
| 6 Month Average | 20.347 % | £11,496 | £67,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Nov 2023 | £159,359 | £157,000 | 284 HILLSVIEW AVENUE |
| 22 Aug 2023 | £52,459 | £52,000 | 124 KIRKWOOD DRIVE |
| 17 Aug 2023 | £38,840 | £38,500 | 176 KIRKWOOD DRIVE |
| 31 Mar 2023 | £166,569 | £165,000 | 2B BALMAIN ROAD |
| 20 Jan 2023 | £171,194 | £172,000 | 5 BROMFORD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 2 Apr 2013. Using an estimated price of £92,446 means this house is valued at £1,812 per sq meter (£168 per sq foot).
The average size of a house on KIRKWOOD DRIVE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bradwell Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bradwell Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Sherringham Avenue |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sherringham Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Sherringham Avenue |