£131,850
This estimated value is based upon the latest sale price for the house of £83,100 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £83,100 | 1 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 718 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £83,100 results in an estimated price of approximately £131,850.
| 1 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £83,100 | £48,750 | £131,850 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -15.257 % | £-12,678 | £70,421 |
| 3 Month Average | 18.312 % | £15,217 | £98,317 |
| 6 Month Average | 23.053 % | £19,157 | £102,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £381,678 | £375,000 | SIMONSTONE STONEY LANE |
| 3 Nov 2023 | £208,081 | £205,000 | 68 BEECH GROVE |
| 26 Sep 2023 | £214,746 | £212,000 | KIMBERLEY STAFFORD VILLAS |
| 30 Jun 2023 | £197,391 | £195,000 | 2 WESTFIELD CRESCENT |
| 23 Jun 2023 | £110,337 | £109,000 | 5 BELLE VIEW TERRACE |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 5 Oct 2010. Using an estimated price of £131,850 means this house is valued at £1,974 per sq meter (£183 per sq foot).
The average size of a house on KINGS TERRACE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Grove |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stafford Villas |