£110,176
This estimated value is based upon the latest sale price for the house of £58,000 on 10 Dec 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,000 | 10 Dec 2004 |
| £31,000 | 23 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 603 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 December 2004 the House Price Index for TYNE AND WEAR was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £58,000 results in an estimated price of approximately £110,176.
| 10 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £58,000 | £52,176 | £110,176 |
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 | 130.950 % | £75,950 | £133,950 |
| 3 Month Average | 51.286 % | £29,746 | £87,746 |
| 6 Month Average | 39.472 % | £22,893 | £80,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £28,188 | £28,000 | 38 KING HENRY COURT |
| 18 Jul 2022 | £35,354 | £35,000 | 11 KING CHARLES COURT |
| 25 Mar 2022 | £49,587 | £47,500 | 19 KING HENRY COURT |
| 27 Jan 2022 | £41,613 | £39,250 | 2 KING CHARLES COURT |
| 15 Nov 2021 | £35,409 | £32,500 | 2 KING JAMES COURT |
This house has a floor area of 56 sq meters or 603 sq feet when measured on 15 Jan 2009. Using an estimated price of £110,177 means this house is valued at £1,964 per sq meter (£182 per sq foot).
The average size of a house on KING CHARLES COURT is 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Kentucky Road | |
| Oct 2024 | Drugs | Under investigation | On or near Kentucky Road |
| Oct 2024 | Drugs | Under investigation | On or near Kentucky Road |
| Oct 2024 | Anti-social behaviour | On or near Kentucky Road | |
| Oct 2024 | Anti-social behaviour | On or near Kentucky Road |