£313,669
This estimated value is based upon the latest sale price for the house of £183,250 on 5 Mar 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,250 | 5 Mar 2010 |
| £137,500 | 9 Aug 2002 |
| £68,500 | 8 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £183,250 results in an estimated price of approximately £313,669.
| 5 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £183,250 | £130,419 | £313,669 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 50.459 % | £92,466 | £275,716 |
| 3 Month Average | 53.206 % | £97,500 | £280,750 |
| 6 Month Average | 29.667 % | £54,364 | £237,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £254,830 | £247,000 | 9 RIDGEWAY |
| 8 Jun 2023 | £403,078 | £395,000 | 2 KINGSWAY |
| 25 Mar 2022 | £170,161 | £163,000 | 100 KINGSWAY |
| 20 Dec 2021 | £137,072 | £127,000 | 14 LINUM PLACE |
| 21 Sep 2021 | £227,970 | £210,000 | 6 LINDALE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Oct 2014. Using an estimated price of £313,669 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on KINGSWAY is 119 sq meters (1,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Crescent |
| Jun 2024 | Other theft | Under investigation | On or near Royal Crescent |
| Apr 2024 | Criminal damage and arson | Offender given a caution | On or near Royal Crescent |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Royal Crescent |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Crescent |