£298,777
This estimated value is based upon the latest sale price for the house of £53,709 on 27 Sep 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £53,709 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
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 September 1996 the House Price Index for TYNE AND WEAR was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £53,709 results in an estimated price of approximately £298,777.
| 27 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £53,709 | £245,068 | £298,777 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 123.811 % | £66,497 | £120,206 |
| 3 Month Average | 253.620 % | £136,216 | £189,925 |
| 6 Month Average | 266.150 % | £142,946 | £196,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £153,381 | £150,000 | 2 PRINCE CONSORT WAY |
| 31 Aug 2023 | £300,418 | £295,000 | 15 BALLAST HILL ROAD |
| 17 Apr 2023 | £244,575 | £240,000 | 3 ATKINSON GARDENS |
| 1 Jul 2022 | £277,783 | £275,000 | 4 BALLAST HILL ROAD |
| 10 Jun 2022 | £236,046 | £231,000 | 24 ROBERT WESTALL WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Kingdom Place | |
| Jun 2024 | Anti-social behaviour | On or near Kingdom Place | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Kingdom Place |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingdom Place |
| Jun 2024 | Anti-social behaviour | On or near Watch House Close |