£310,879
This estimated value is based upon the latest sale price for the house of £190,000 on 11 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 |
|---|---|
| £190,000 | 11 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 £190,000 results in an estimated price of approximately £310,879.
| 11 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £190,000 | £120,879 | £310,879 |
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 % | £-3,721 | £186,278 |
| 3 Month Average | 18.980 % | £36,062 | £226,062 |
| 6 Month Average | 15.913 % | £30,233 | £220,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £340,034 | £335,000 | 2 BEACON STREET |
| 25 Aug 2023 | £307,692 | £305,000 | 147 KELLS LANE |
| 28 Jul 2023 | £162,183 | £160,000 | 66 BEACON STREET |
| 27 Jul 2023 | £306,627 | £302,500 | 139 KELLS LANE |
| 10 Mar 2023 | £302,853 | £300,000 | 157 KELLS LANE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Jan 2013. Using an estimated price of £310,879 means this house is valued at £2,727 per sq meter (£253 per sq foot).
There is one other house on the street which we know the size of, this is 13 KELLFIELD ROAD it is 81.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Kellfield Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaconsfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Road |