£78,936
This estimated value is based upon the latest sale price for the house of £35,250 on 31 Oct 2003. 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 King'S Place
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| Price Paid | Date |
|---|---|
| £35,250 | 31 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| 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 October 2003 the House Price Index for TYNE AND WEAR was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £35,250 results in an estimated price of approximately £78,936.
| 31 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £35,250 | £43,686 | £78,936 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 70.629 % | £24,896 | £60,146 |
| 3 Month Average | 52.636 % | £18,554 | £53,804 |
| 6 Month Average | 61.613 % | £21,718 | £56,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £49,950 | £49,950 | 35 JOHN CANDLISH ROAD |
| 1 Aug 2023 | £72,635 | £72,000 | 6 KINGS PLACE |
| 30 Jun 2023 | £72,883 | £72,000 | 23 SHEPHERD STREET |
| 17 Mar 2023 | £101,961 | £101,000 | 1 KINGS PLACE |
| 3 Feb 2023 | £54,963 | £55,000 | 27 KINGS PLACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 12 Feb 2014. Using an estimated price of £78,937 means this house is valued at £1,233 per sq meter (£114 per sq foot).
The average size of a house on JOHN CANDLISH ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near King'S Place |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near King'S Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near King'S Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornbury Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Candlish Road |