£87,568
This estimated value is based upon the latest sale price for the house of £73,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £73,000 | 6 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £73,000 results in an estimated price of approximately £87,568.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £73,000 | £14,568 | £87,568 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -34.914 % | £-25,487 | £47,512 |
| 3 Month Average | -13.573 % | £-9,908 | £63,091 |
| 6 Month Average | 5.079 % | £3,707 | £76,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £170,220 | £167,000 | 86 LAZONBY WAY |
| 24 Nov 2023 | £124,093 | £122,500 | 34 KYLOE PLACE |
| 19 Jun 2023 | £110,899 | £110,000 | 24 ALWINTON CLOSE |
| 17 Feb 2023 | £154,270 | £155,000 | 112 LAZONBY WAY |
| 9 Sep 2022 | £158,077 | £160,000 | 62 LAZONBY WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Feb 2020. Using an estimated price of £87,569 means this house is valued at £1,094 per sq meter (£101 per sq foot).
The average size of a house on KYLOE PLACE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kyloe Place |
| Apr 2024 | Anti-social behaviour | On or near Kyloe Place | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kyloe Place |
| Apr 2024 | Public order | Under investigation | On or near Kyloe Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kyloe Place |