£243,712
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Nov 2013. 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 |
|---|---|
| £150,000 | 27 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 November 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £150,000 results in an estimated price of approximately £243,712.
| 27 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £150,000 | £93,712 | £243,712 |
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 | -6.206 % | £-9,309 | £140,690 |
| 3 Month Average | 20.884 % | £31,325 | £181,325 |
| 6 Month Average | 19.754 % | £29,630 | £179,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £438,492 | £432,000 | 58 KELLS LANE |
| 7 Jul 2023 | £402,416 | £397,000 | 111 KELLS LANE |
| 11 Apr 2023 | £434,680 | £430,000 | 70 KELLS LANE |
| 1 Mar 2023 | £323,043 | £320,000 | 17 RAVENSDALE CRESCENT |
| 20 Feb 2023 | £64,956 | £65,000 | 14 THE FELLS SALKELD ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 14 Aug 2013. Using an estimated price of £243,713 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on JOICEY ROAD is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kellfield Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Cyprus Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cyprus Gardens |