£114,976
This estimated value is based upon the latest sale price for the house of £100,000 on 15 Jan 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£100,000 | 15 Jan 2021 |
£90,000 | 30 Nov 2020 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 January 2021 the House Price Index for TYNE AND WEAR was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £100,000 results in an estimated price of approximately £114,976.
15 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.2 | 149.7 | 14.977 % | £100,000 | £14,976 | £114,976 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 29.002 % | £29,002 | £129,002 |
3 Month Average | -0.119 % | £-119 | £99,880 |
6 Month Average | 15.305 % | £15,304 | £115,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £141,169 | £139,000 | 49 WHYNDYKE |
1 Dec 2023 | £128,963 | £125,000 | 27 KELLSWAY |
9 Nov 2023 | £117,482 | £114,500 | 27 STANEWAY |
27 Oct 2023 | £127,905 | £125,000 | 50 STANEWAY |
11 Oct 2023 | £95,673 | £93,500 | 25 WHYNDYKE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 Feb 2014. Using an estimated price of £114,977 means this house is valued at £1,419 per sq meter (£131 per sq foot).
The average size of a house on KELLSWAY is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Whittleburn |
Jul 2024 | Other crime | Under investigation | On or near Whittleburn |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Whittleburn |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Whittleburn |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Felldyke |