£742,138
This estimated value is based upon the latest sale price for the house of £700,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Kingsland
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| Price Paid | Date |
|---|---|
| £700,000 | 13 Jan 2022 |
| £187,500 | 3 Jan 1997 |
| £160,000 | 1 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £700,000 results in an estimated price of approximately £742,138.
| 13 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £700,000 | £42,138 | £742,138 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 17.604 % | £123,224 | £823,224 |
| 3 Month Average | 4.093 % | £28,648 | £728,648 |
| 6 Month Average | 12.749 % | £89,245 | £789,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £920,980 | £906,830 | 7 KINGSLAND |
| 1 Nov 2023 | £328,334 | £320,000 | DIGITAL SURVEYS LTD, 32 CLAYTON ROAD |
| 28 Apr 2023 | £295,528 | £290,000 | 5 HALDANE TERRACE |
| 14 Apr 2023 | £264,956 | £260,000 | 4C HALDANE TERRACE |
| 26 Oct 2022 | £254,151 | £255,000 | 7B HALDANE TERRACE |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 26 Jul 2021. Using an estimated price of £742,139 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on KINGSLAND is 215 sq meters (2,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Awaiting court outcome | On or near Kingsland |
| Sep 2024 | Public order | Under investigation | On or near Kingsland |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Kingsland |
| Jul 2024 | Burglary | Under investigation | On or near Kingsland |