£102,858
This estimated value is based upon the latest sale price for the house of £83,000 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £83,000 | 18 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £83,000 results in an estimated price of approximately £102,858.
| 18 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £83,000 | £19,858 | £102,858 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 30.269 % | £25,123 | £108,123 |
| 3 Month Average | -7.856 % | £-6,520 | £76,479 |
| 6 Month Average | 13.682 % | £11,356 | £94,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £81,425 | £80,000 | 4 KINGSLEY TERRACE |
| 28 Nov 2023 | £338,035 | £333,030 | 30 NORMANTON TERRACE |
| 26 Jul 2023 | £81,091 | £80,000 | 81 HARTINGTON STREET |
| 26 Jul 2023 | £81,091 | £80,000 | 83 HARTINGTON STREET |
| 13 Jun 2023 | £227,759 | £225,000 | 29 NORMANTON TERRACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Oct 2015. Using an estimated price of £102,858 means this house is valued at £1,389 per sq meter (£129 per sq foot).
The average size of a house on KINGSLEY TERRACE is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Sceptre Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sceptre Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sceptre Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sceptre Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Britannia Place |