£151,723
This estimated value is based upon the latest sale price for the house of £136,000 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £136,000 | 2 Aug 2021 |
| £145,000 | 8 Feb 2019 |
| £58,450 | 13 Feb 2001 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £136,000 results in an estimated price of approximately £151,723.
| 2 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £136,000 | £15,723 | £151,723 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -32.917 % | £-44,767 | £91,232 |
| 3 Month Average | -13.687 % | £-18,614 | £117,385 |
| 6 Month Average | 8.282 % | £11,263 | £147,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £312,736 | £310,000 | 26 JASMIN AVENUE |
| 14 Jul 2023 | £293,906 | £289,950 | 5 JASMIN AVENUE |
| 3 Aug 2022 | £189,490 | £190,000 | 9 HARTBURN DRIVE |
| 27 May 2022 | £234,417 | £230,000 | 3 HARTBURN DRIVE |
| 20 May 2022 | £112,112 | £110,000 | 6 HARTBURN CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Oct 2018. Using an estimated price of £151,724 means this house is valued at £2,050 per sq meter (£190 per sq foot).
The average size of a house on KNIGHTSIDE WALK is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jasmin Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Jasmin Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kearton Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kearton Avenue |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Kearton Avenue |