£150,908
This estimated value is based upon the latest sale price for the house of £122,500 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £122,500 | 10 Aug 2018 |
| £120,500 | 24 Oct 2014 |
| £117,000 | 21 Jul 2006 |
| £55,000 | 30 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £122,500 results in an estimated price of approximately £150,908.
| 10 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £122,500 | £28,408 | £150,908 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -2.783 % | £-3,409 | £119,090 |
| 3 Month Average | 19.954 % | £24,443 | £146,943 |
| 6 Month Average | 3.683 % | £4,512 | £127,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £407,714 | £400,000 | 2 DRYDEN ROAD |
| 6 Nov 2023 | £259,329 | £256,000 | 21 DRYDEN ROAD |
| 7 Jul 2023 | £400,791 | £397,000 | 111 KELLS LANE |
| 11 Apr 2023 | £433,220 | £430,000 | 70 KELLS LANE |
| 1 Mar 2023 | £321,739 | £320,000 | 17 RAVENSDALE CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 May 2014. Using an estimated price of £150,909 means this house is valued at £1,818 per sq meter (£168 per sq foot).
The average size of a house on KELLS LANE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Kellfield Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harcourt Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Gardens |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thornlea Gardens |