£166,481
This estimated value is based upon the latest sale price for the house of £30,000 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£30,000 | 30 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 1996 the House Price Index for TYNE AND WEAR was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £30,000 results in an estimated price of approximately £166,481.
30 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 148.6 | 454.939 % | £30,000 | £136,481 | £166,481 |
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 | 286.323 % | £85,896 | £115,896 |
3 Month Average | 230.650 % | £69,195 | £99,195 |
6 Month Average | 254.535 % | £76,360 | £106,360 |
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 |
22 Feb 2023 | £109,926 | £110,000 | 43 BALMAIN ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 17 Feb 2015. Using an estimated price of £166,482 means this house is valued at £1,399 per sq meter (£129 per sq foot).
The average size of a house on KIRKWOOD DRIVE is 71 sq meters (773 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 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 | Awaiting court outcome | On or near Sherringham Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Sherringham Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Sherringham Avenue |