£1,225,605
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Jun 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £200,000 | 21 Jun 2024 |
| Terraced |
| Freehold |
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 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £200,000 results in an estimated price of approximately £1,225,605.
| 21 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £200,000 | £1,025,605 | £1,225,605 |
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 | 43.310 % | £86,620 | £286,620 |
| 3 Month Average | 16.148 % | £32,295 | £232,295 |
| 6 Month Average | -3.974 % | £-7,948 | £192,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £200,000 | £200,000 | 26 KIRKSTONE AVENUE |
| 17 May 2024 | £105,000 | £105,000 | 82 MARINA AVENUE |
| 30 Jun 2023 | £235,724 | £231,000 | 17 KIRKSTONE AVENUE |
| 16 Jan 2023 | £343,418 | £342,500 | 8 KIRKSTONE AVENUE |
| 1 Nov 2022 | £67,186 | £67,500 | 24 ZION TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkstone Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bartram Street |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bartram Street |
| Jul 2024 | Burglary | Under investigation | On or near Longfield Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grasmere Crescent |