£161,293
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Knightside Gardens
More crime details
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Price Paid | Date |
---|---|
£95,000 | 19 Oct 2012 |
£95,000 | 19 Oct 2012 |
£60,500 | 4 Apr 2012 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 604 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 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £95,000 results in an estimated price of approximately £161,293.
19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £95,000 | £66,293 | £161,293 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -34.668 % | £-32,934 | £62,065 |
3 Month Average | -5.654 % | £-5,371 | £89,628 |
6 Month Average | 61.114 % | £58,058 | £153,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £155,725 | £153,000 | 1 WOODBURN GARDENS |
5 Apr 2023 | £126,361 | £125,000 | 95 KNIGHTSIDE GARDENS |
30 Jan 2023 | £139,344 | £140,000 | 130 BRAESIDE |
30 Jun 2022 | £96,362 | £95,000 | 37 RAYLEES GARDENS |
6 May 2022 | £142,689 | £140,000 | 2 WOODBURN GARDENS |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 21 Feb 2012. Using an estimated price of £161,294 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on WOODBURN GARDENS is 79 sq meters (855 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Knightside Gardens |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Knightside Gardens |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Knightside Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knightside Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knightside Gardens |