£334,598
This estimated value is based upon the latest sale price for the house of £270,000 on 6 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 |
|---|---|
| £270,000 | 6 Jul 2018 |
| £198,450 | 20 May 2005 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 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 £270,000 results in an estimated price of approximately £334,598.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £270,000 | £64,598 | £334,598 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 4.316 % | £11,653 | £281,653 |
| 3 Month Average | 19.874 % | £53,659 | £323,659 |
| 6 Month Average | 25.270 % | £68,229 | £338,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £162,072 | £160,000 | 79 KENILWORTH ROAD |
| 15 Feb 2023 | £294,802 | £295,000 | 68 KENILWORTH ROAD |
| 10 Feb 2023 | £273,416 | £273,600 | 37 MELROSE AVENUE |
| 12 Jan 2023 | £390,162 | £392,000 | 17 THE GARDENS |
| 9 May 2022 | £448,450 | £440,000 | 20 KENILWORTH ROAD |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 14 Jul 2011. Using an estimated price of £334,599 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on KENILWORTH ROAD is 124 sq meters (1,339 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kensington Close |