£439,821
This estimated value is based upon the latest sale price for the house of £77,500 on 4 Apr 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Kingston Close
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Price Paid | Date |
---|---|
£77,500 | 4 Apr 1996 |
Terraced |
Freehold |
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 April 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £77,500 results in an estimated price of approximately £439,821.
4 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.512 % | £77,500 | £362,321 | £439,821 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 347.243 % | £269,113 | £346,613 |
3 Month Average | 396.421 % | £307,226 | £384,726 |
6 Month Average | 431.255 % | £334,222 | £411,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £384,767 | £375,000 | 15 HAMILTON DRIVE |
5 Aug 2022 | £401,829 | £399,950 | 24 HAMILTON DRIVE |
28 Apr 2022 | £487,588 | £470,000 | 4 LINKS AVENUE |
15 Dec 2021 | £523,464 | £485,000 | 1 WESTERN WAY |
30 Sep 2021 | £646,999 | £596,000 | 5 LINKS AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Kingston Close |
May 2024 | Anti-social behaviour | On or near Kingston Close | |
May 2024 | Anti-social behaviour | On or near Kingston Close | |
May 2024 | Anti-social behaviour | On or near Kingston Close | |
Apr 2024 | Anti-social behaviour | On or near Kingston Close |