£403,288
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Aug 2005. 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 |
|---|---|
| £220,000 | 4 Aug 2005 |
| £185,000 | 13 Feb 2004 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 August 2005 the House Price Index for TYNE AND WEAR was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £220,000 results in an estimated price of approximately £403,288.
| 4 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £220,000 | £183,288 | £403,288 |
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 | -2.030 % | £-4,465 | £215,534 |
| 3 Month Average | 24.906 % | £54,793 | £274,793 |
| 6 Month Average | 30.287 % | £66,632 | £286,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £402,416 | £397,000 | 111 KELLS LANE |
| 11 Apr 2023 | £434,680 | £430,000 | 70 KELLS LANE |
| 23 Mar 2023 | £161,522 | £160,000 | 19 MELROSE AVENUE |
| 1 Mar 2023 | £323,043 | £320,000 | 17 RAVENSDALE CRESCENT |
| 2 Sep 2022 | £302,557 | £305,000 | 10 MELROSE AVENUE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 30 Jul 2020. Using an estimated price of £403,288 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on KELLS LANE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Kellfield Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Arundel Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kellfield Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |