£302,087
This estimated value is based upon the latest sale price for the house of £68,500 on 29 Jun 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,500 | 29 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 June 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £68,500 results in an estimated price of approximately £302,087.
| 29 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £68,500 | £233,587 | £302,087 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 357.584 % | £244,945 | £313,445 |
| 3 Month Average | 336.916 % | £230,787 | £299,287 |
| 6 Month Average | 289.078 % | £198,018 | £266,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £373,483 | £365,000 | 29 KINGSLEY PLACE |
| 3 Oct 2023 | £285,063 | £278,589 | 66 WANDSWORTH ROAD |
| 1 Sep 2023 | £496,955 | £486,000 | 10 HEATON PARK VIEW |
| 30 Aug 2023 | £203,673 | £200,000 | 30 KINGSLEY PLACE |
| 30 Aug 2023 | £203,673 | £200,000 | 32 KINGSLEY PLACE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Mar 2018. Using an estimated price of £302,087 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on KINGSLEY PLACE is 133 sq meters (1,435 sq feet).