£173,950
This estimated value is based upon the latest sale price for the house of £170,000 on 26 Oct 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 |
|---|---|
| £170,000 | 26 Oct 2023 |
| £125,000 | 26 Jun 2019 |
| £24,000 | 26 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 October 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £170,000 results in an estimated price of approximately £173,950.
| 26 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £170,000 | £3,950 | £173,950 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | -2.935 % | £-4,988 | £165,011 |
| 3 Month Average | -22.096 % | £-37,562 | £132,437 |
| 6 Month Average | 0.673 % | £1,143 | £171,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £208,199 | £205,000 | 2 ALBION ROAD |
| 26 Oct 2023 | £173,951 | £170,000 | 5 KIELDER TERRACE |
| 31 Mar 2023 | £272,043 | £267,500 | 8 DRUMMOND TERRACE |
| 25 Nov 2022 | £124,418 | £125,000 | 52 MILITARY ROAD |
| 14 Apr 2022 | £176,362 | £170,000 | 1 HOWARD TERRACE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Oct 2018. Using an estimated price of £173,951 means this house is valued at £1,932 per sq meter (£179 per sq foot).
The average size of a house on KIELDER TERRACE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Kielder Terrace |
| Oct 2024 | Anti-social behaviour | On or near Kielder Terrace | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kielder Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Military Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Military Road |