£159,516
This estimated value is based upon the latest sale price for the house of £156,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£156,000 | 29 Sep 2023 |
£162,500 | 28 Oct 2011 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £156,000 results in an estimated price of approximately £159,516.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £156,000 | £3,516 | £159,516 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 29.060 % | £45,334 | £201,334 |
3 Month Average | -6.004 % | £-9,366 | £146,633 |
6 Month Average | 2.617 % | £4,082 | £160,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £169,199 | £164,000 | 49 SEVENOAKS DRIVE |
29 Sep 2023 | £159,516 | £156,000 | 36 KIRKWOOD AVENUE |
20 Feb 2023 | £181,160 | £179,950 | 15 KIRKWOOD AVENUE |
17 Jan 2023 | £185,496 | £185,000 | 20 BRAMLEY CLOSE |
17 Jun 2022 | £148,167 | £145,000 | 154 SEVENOAKS DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 6 Aug 2014. Using an estimated price of £159,516 means this house is valued at £2,900 per sq meter (£269 per sq foot).
The average size of a house on KIRKWOOD AVENUE is 83 sq meters (895 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Selsdon Avenue | |
Aug 2024 | Anti-social behaviour | On or near Selsdon Avenue | |
Jul 2024 | Anti-social behaviour | On or near Selsdon Avenue | |
Jul 2024 | Anti-social behaviour | On or near Selsdon Avenue | |
Jul 2024 | Anti-social behaviour | On or near Selsdon Avenue |