£177,834
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£145,000 | 7 Nov 2019 |
£135,000 | 29 Sep 2006 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £145,000 results in an estimated price of approximately £177,834.
7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £145,000 | £32,834 | £177,834 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -56.080 % | £-81,316 | £63,683 |
3 Month Average | -15.578 % | £-22,588 | £122,411 |
6 Month Average | 1.343 % | £1,947 | £146,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £167,137 | £165,000 | 12 KNOWLE PLACE |
2 Aug 2023 | £317,780 | £315,000 | 37 BALLIOL GARDENS |
28 Jul 2023 | £187,524 | £185,000 | 72 BENTON PARK ROAD |
26 Jun 2023 | £151,839 | £150,000 | 105 CHESTERS AVENUE |
14 Jun 2023 | £169,554 | £167,500 | 44 BENTON PARK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Jun 2019. Using an estimated price of £177,835 means this house is valued at £2,142 per sq meter (£199 per sq foot).
The average size of a house on KNOWLE PLACE is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rowanberry Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rowanberry Road |
Jan 2024 | Public order | Under investigation | On or near Rowanberry Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowanberry Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Parkside Avenue |