£875,236
This estimated value is based upon the latest sale price for the house of £582,500 on 22 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Kingsland
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Price Paid | Date |
---|---|
£582,500 | 22 Dec 2014 |
£520,000 | 3 Aug 2005 |
£153,000 | 10 Feb 1995 |
Terraced |
Freehold |
Floor Area: 166 sq meters or 1,786 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 £582,500 results in an estimated price of approximately £875,236.
22 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £582,500 | £292,736 | £875,236 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 99.273 % | £578,265 | £1,160,765 |
3 Month Average | 63.428 % | £369,470 | £951,970 |
6 Month Average | 39.847 % | £232,106 | £814,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £920,980 | £906,830 | 7 KINGSLAND |
1 Nov 2023 | £328,334 | £320,000 | DIGITAL SURVEYS LTD, 32 CLAYTON ROAD |
28 Apr 2023 | £295,528 | £290,000 | 5 HALDANE TERRACE |
14 Apr 2023 | £264,956 | £260,000 | 4C HALDANE TERRACE |
3 Apr 2023 | £295,528 | £290,000 | FLAT 2 29 ESKDALE TERRACE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 27 May 2014. Using an estimated price of £875,237 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on KINGSLAND is 215 sq meters (2,319 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Awaiting court outcome | On or near Kingsland |
Jul 2024 | Burglary | Awaiting court outcome | On or near Kingsland |
Jul 2024 | Burglary | Under investigation | On or near Kingsland |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kingsland |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland |