£459,511
This estimated value is based upon the latest sale price for the house of £82,950 on 21 Apr 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,950 | 21 Apr 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 April 1995 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 453.962%.Applying this 453.962% change to the original purchase price of £82,950 results in an estimated price of approximately £459,511.
| 21 Apr 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 146.7 | 453.962 % | £82,950 | £376,561 | £459,511 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 130.671 % | £108,391 | £191,341 |
| 3 Month Average | 202.715 % | £168,151 | £251,101 |
| 6 Month Average | 223.421 % | £185,327 | £268,277 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 28 May 2013.
The average size of a house on KING GEORGE ROAD is 135 sq meters (1,461 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Stanton Avenue |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Stanton Avenue |
| Mar 2024 | Anti-social behaviour | On or near Windermere Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Windermere Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Windermere Crescent |