£197,076
This estimated value is based upon the latest sale price for the house of £158,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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| Price Paid | Date |
|---|---|
| £158,000 | 25 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE EAST to estimate the market value.
When this house was purchased in May 2018 the House Price Index for CHESHIRE EAST was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £158,000 results in an estimated price of approximately £197,076.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £158,000 | £39,076 | £197,076 |
The Postcode Pricing Model uses changes in average sales price within the CW2 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 | 21.235 % | £33,550 | £191,550 |
| 3 Month Average | 7.889 % | £12,464 | £170,464 |
| 6 Month Average | 14.146 % | £22,350 | £180,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £216,624 | £214,000 | 44 KINGSWAY |
| 24 Feb 2023 | £219,852 | £220,000 | 19 JESMOND CRESCENT |
| 3 Feb 2023 | £204,862 | £205,000 | 20 KINGSWAY |
| 17 Jun 2022 | £168,380 | £166,000 | 72 LUNT AVENUE |
| 27 Jan 2022 | £387,286 | £368,000 | 11 KINGSWAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Dec 2017. Using an estimated price of £197,076 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on KINGSWAY is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Jesmond Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Jesmond Crescent |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Jesmond Crescent |