£196,231
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 1 Nov 2019 |
£147,500 | 7 Oct 2016 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £160,000 results in an estimated price of approximately £196,231.
1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £160,000 | £36,231 | £196,231 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 19.511 % | £31,217 | £191,217 |
3 Month Average | -7.217 % | £-11,546 | £148,453 |
6 Month Average | 3.838 % | £6,140 | £166,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £150,000 | £150,000 | 63 YORK STREET |
19 Jul 2023 | £50,682 | £50,000 | 18A BEDE BURN ROAD |
28 Apr 2023 | £161,742 | £160,000 | 61 YORK STREET |
5 Apr 2023 | £183,981 | £182,000 | 209 ALBERT ROAD |
31 Mar 2023 | £325,063 | £322,000 | 4 SURREY STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 2 Sep 2019. Using an estimated price of £196,231 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on KENT STREET is 131 sq meters (1,416 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kent Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near York Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Surrey Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near North View |