£333,903
This estimated value is based upon the latest sale price for the house of £270,000 on 26 Apr 2019. 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 |
---|---|
£270,000 | 26 Apr 2019 |
£239,995 | 28 Jun 2004 |
Detached |
Freehold |
Floor Area: 145 sq meters or 1,560 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £270,000 results in an estimated price of approximately £333,903.
26 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £270,000 | £63,903 | £333,903 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 22.241 % | £60,051 | £330,051 |
3 Month Average | 14.486 % | £39,113 | £309,113 |
6 Month Average | 9.686 % | £26,151 | £296,151 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £121,637 | £120,000 | 21 KINGS VALE |
30 Jun 2023 | £94,646 | £93,500 | 9 KINGS VALE |
1 Sep 2022 | £163,678 | £165,000 | 35 BROADSTONE WAY |
14 Apr 2022 | £112,248 | £109,000 | 19 KINGS VALE |
13 Dec 2021 | £107,138 | £100,000 | 17 KINGS VALE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 21 Mar 2018. Using an estimated price of £333,903 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on KINGS VALE is 97 sq meters (1,045 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Boscombe Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boscombe Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bellingham Close |
Mar 2024 | Public order | Under investigation | On or near Berkley Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Berkley Close |