£269,973
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Oct 2013 |
| £162,000 | 9 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £165,000 results in an estimated price of approximately £269,973.
| 4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £165,000 | £104,973 | £269,973 |
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 | -1.958 % | £-3,231 | £161,768 |
| 3 Month Average | 18.980 % | £31,317 | £196,317 |
| 6 Month Average | 15.913 % | £26,255 | £191,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £344,404 | £340,000 | 15 KELLS GARDENS |
| 30 Aug 2023 | £206,809 | £205,000 | 47 CHURCH ROAD |
| 24 Jul 2023 | £273,683 | £270,000 | 65 CHURCH ROAD |
| 10 Mar 2023 | £230,168 | £228,000 | 30 KELLS GARDENS |
| 22 Aug 2022 | £347,564 | £348,500 | 16 KELLS GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Aug 2013. Using an estimated price of £269,974 means this house is valued at £3,176 per sq meter (£295 per sq foot).
The average size of a house on CHURCH ROAD is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Arundel Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Larne Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larne Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Top Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kellfield Avenue |