£111,727
This estimated value is based upon the latest sale price for the house of £69,950 on 17 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,950 | 17 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £69,950 results in an estimated price of approximately £111,727.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £69,950 | £41,777 | £111,727 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -46.038 % | £-32,203 | £37,746 |
| 3 Month Average | 6.964 % | £4,871 | £74,821 |
| 6 Month Average | 9.627 % | £6,733 | £76,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £70,666 | £70,000 | 20 KISMET STREET |
| 16 Jan 2023 | £44,291 | £44,500 | 49 THE GREEN |
| 22 Aug 2022 | £64,826 | £65,000 | 10 TENNYSON STREET |
| 18 Mar 2022 | £103,626 | £100,000 | 6 FERN AVENUE |
| 11 Mar 2022 | £62,124 | £59,950 | 12 TENNYSON STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 May 2011. Using an estimated price of £111,728 means this house is valued at £1,163 per sq meter (£108 per sq foot).
The average size of a house on KINGS ROAD is 87 sq meters (939 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Keats Avenue | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Keats Avenue |
| Feb 2024 | Anti-social behaviour | On or near Keats Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Keats Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Keats Avenue |