£467,093
This estimated value is based upon the latest sale price for the house of £267,000 on 30 Jun 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £267,000 | 30 Jun 2006 |
| £215,000 | 30 Jun 2003 |
| £63,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 June 2006 the House Price Index for TYNE AND WEAR was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £267,000 results in an estimated price of approximately £467,093.
| 30 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £267,000 | £200,093 | £467,093 |
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 | -5.456 % | £-14,568 | £252,431 |
| 3 Month Average | 9.148 % | £24,425 | £291,425 |
| 6 Month Average | 15.790 % | £42,158 | £309,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £400,000 | £400,000 | HARDMAN CENTRE DRYDEN ROAD |
| 15 Dec 2023 | £412,681 | £400,000 | 2 DRYDEN ROAD |
| 6 Nov 2023 | £262,668 | £256,000 | 21 DRYDEN ROAD |
| 11 Apr 2023 | £438,196 | £430,000 | 70 KELLS LANE |
| 1 Mar 2023 | £325,435 | £320,000 | 17 RAVENSDALE CRESCENT |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 7 Oct 2015. Using an estimated price of £467,094 means this house is valued at £3,013 per sq meter (£279 per sq foot).
The average size of a house on KELLS LANE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Kellfield Road |
| May 2024 | Anti-social behaviour | On or near Kellfield Road | |
| May 2024 | Anti-social behaviour | On or near Kellfield Road | |
| May 2024 | Anti-social behaviour | On or near Kellfield Road | |
| May 2024 | Anti-social behaviour | On or near Kellfield Road |