£368,125
This estimated value is based upon the latest sale price for the house of £245,000 on 12 Dec 2014. 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 |
|---|---|
| £245,000 | 12 Dec 2014 |
| £230,000 | 7 Jul 2006 |
| £186,000 | 17 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,357 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 December 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £245,000 results in an estimated price of approximately £368,125.
| 12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £245,000 | £123,125 | £368,125 |
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 | 14.301 % | £35,038 | £280,038 |
| 3 Month Average | 0.113 % | £277 | £245,277 |
| 6 Month Average | -2.129 % | £-5,215 | £239,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £151,660 | £147,000 | 25 MELROSE AVENUE |
| 30 Nov 2023 | £294,988 | £287,500 | 13 BEACONSFIELD AVENUE |
| 5 Oct 2023 | £258,880 | £253,000 | 7 BEACONSFIELD AVENUE |
| 26 Apr 2023 | £290,432 | £285,000 | 15 BEACONSFIELD AVENUE |
| 11 Apr 2023 | £438,196 | £430,000 | 70 KELLS LANE |
This house has a floor area of 126 sq meters or 1,357 sq feet when measured on 20 May 2009. Using an estimated price of £368,125 means this house is valued at £2,919 per sq meter (£271 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| 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 |