£2,220,293
This estimated value is based upon the latest sale price for the house of £365,000 on 17 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £365,000 | 17 Oct 2023 |
| £280,000 | 10 Feb 2012 |
| £300,000 | 14 Jan 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 131 sq meters or 1,410 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 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £365,000 results in an estimated price of approximately £2,220,293.
| 17 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £365,000 | £1,855,293 | £2,220,293 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 5.879 % | £21,459 | £386,459 |
| 3 Month Average | -14.502 % | £-52,931 | £312,068 |
| 6 Month Average | -10.115 % | £-36,918 | £328,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £272,264 | £267,500 | APARTMENT 27 KENTON LODGE KENTON ROAD |
| 15 Nov 2023 | £223,306 | £220,000 | APARTMENT 20 KENTON LODGE KENTON ROAD |
| 29 Sep 2023 | £531,800 | £525,000 | 5 BROOKFIELD WESTFIELD |
| 22 Sep 2023 | £298,821 | £295,000 | APARTMENT 25 KENTON LODGE KENTON ROAD |
| 1 Aug 2023 | £151,324 | £150,000 | APARTMENT 36 KENTON LODGE KENTON ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 8 Jul 2021.
The average size of a house on KENTON ROAD is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernville Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fernville Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Grove |