£41,756
This estimated value is based upon the latest sale price for the house of £38,750 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Kentucky Road
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| Price Paid | Date |
|---|---|
| £38,750 | 17 Sep 2021 |
| £39,950 | 28 Nov 2003 |
| £25,000 | 7 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £38,750 results in an estimated price of approximately £41,756.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £38,750 | £3,006 | £41,756 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 29.977 % | £11,616 | £50,366 |
| 3 Month Average | 5.651 % | £2,189 | £40,939 |
| 6 Month Average | -10.659 % | £-4,130 | £34,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £91,228 | £90,000 | 24 KEIGHLEY SQUARE |
| 6 Jul 2023 | £131,723 | £129,950 | 88 BRADFORD AVENUE |
| 26 Jan 2023 | £29,859 | £30,000 | 17 KING JAMES COURT |
| 18 Jul 2022 | £35,094 | £35,000 | 11 KING CHARLES COURT |
| 8 Jul 2022 | £105,283 | £105,000 | 39 KINGSWAY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 11 Jun 2020. Using an estimated price of £41,757 means this house is valued at £773 per sq meter (£71 per sq foot).
The average size of a house on KING JAMES COURT is 52 sq meters (568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Awaiting court outcome | On or near Kentucky Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kentucky Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Kentucky Road |
| Feb 2024 | Burglary | Under investigation | On or near Kentucky Road |
| Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Kentucky Road |