£186,676
This estimated value is based upon the latest sale price for the house of £32,950 on 29 Sep 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £32,950 | 29 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 466.545%.Applying this 466.545% change to the original purchase price of £32,950 results in an estimated price of approximately £186,676.
| 29 Sep 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.0 | 466.545 % | £32,950 | £153,726 | £186,676 |
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 | 52.236 % | £17,211 | £50,161 |
| 3 Month Average | 188.135 % | £61,990 | £94,940 |
| 6 Month Average | 195.912 % | £64,552 | £97,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £61,239 | £60,080 | 7 KEIGHLEY AVENUE |
| 31 Aug 2023 | £88,538 | £88,000 | 21 KEITH SQUARE |
| 7 Jul 2023 | £90,859 | £90,000 | 24 KEIGHLEY SQUARE |
| 23 Jun 2023 | £83,678 | £83,000 | 3 KEITH SQUARE |
| 5 Apr 2023 | £94,704 | £94,000 | 29 KILDARE SQUARE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 6 Mar 2014. Using an estimated price of £186,677 means this house is valued at £1,830 per sq meter (£170 per sq foot).
The average size of a house on KEITH SQUARE is 94 sq meters (1,020 sq feet).