£184,723
This estimated value is based upon the latest sale price for the house of £115,000 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Knightside Gardens
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Price Paid | Date |
---|---|
£115,000 | 27 Apr 2007 |
£100,000 | 17 Jan 2005 |
£39,000 | 21 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £115,000 results in an estimated price of approximately £184,723.
27 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 148.6 | 60.629 % | £115,000 | £69,723 | £184,723 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -36.820 % | £-42,343 | £72,656 |
3 Month Average | -6.669 % | £-7,668 | £107,331 |
6 Month Average | 50.708 % | £58,313 | £173,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £155,725 | £153,000 | 1 WOODBURN GARDENS |
5 Apr 2023 | £126,361 | £125,000 | 95 KNIGHTSIDE GARDENS |
30 Jan 2023 | £139,344 | £140,000 | 130 BRAESIDE |
30 Jun 2022 | £96,362 | £95,000 | 37 RAYLEES GARDENS |
6 May 2022 | £142,689 | £140,000 | 2 WOODBURN GARDENS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Jun 2014. Using an estimated price of £184,723 means this house is valued at £3,078 per sq meter (£286 per sq foot).
The average size of a house on WOODBURN GARDENS is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Knightside Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knightside Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knightside Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Knightside Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Knightside Gardens |