£187,444
This estimated value is based upon the latest sale price for the house of £99,950 on 11 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£99,950 | 11 Mar 2005 |
£81,500 | 30 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 654 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £99,950 results in an estimated price of approximately £187,444.
11 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.538 % | £99,950 | £87,494 | £187,444 |
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 | 6.715 % | £6,712 | £106,662 |
3 Month Average | 20.837 % | £20,826 | £120,776 |
6 Month Average | 36.262 % | £36,243 | £136,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £400,000 | £400,000 | HARDMAN CENTRE DRYDEN ROAD |
22 Mar 2024 | £187,887 | £185,000 | 2 - 4 DENEWELL AVENUE |
1 Mar 2024 | £249,839 | £246,000 | 14 STRATFORD GARDENS |
15 Dec 2023 | £412,681 | £400,000 | 2 DRYDEN ROAD |
6 Nov 2023 | £262,668 | £256,000 | 21 DRYDEN ROAD |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 7 May 2010. Using an estimated price of £187,445 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on KELLS LANE is 104 sq meters (1,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Kellfield Road |
May 2024 | Anti-social behaviour | On or near Kellfield Road | |
May 2024 | Anti-social behaviour | On or near Kellfield Road | |
May 2024 | Anti-social behaviour | On or near Kellfield Road | |
May 2024 | Anti-social behaviour | On or near Kellfield Road |