£871,931
This estimated value is based upon the latest sale price for the house of £650,000 on 8 Jul 2016. 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 |
---|---|
£650,000 | 8 Jul 2016 |
£405,000 | 13 Sep 2002 |
£268,500 | 28 Jan 2000 |
£175,000 | 3 Jun 1998 |
Terraced |
Freehold |
Floor Area: 221 sq meters or 2,378 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £650,000 results in an estimated price of approximately £871,931.
8 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £650,000 | £221,931 | £871,931 |
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 | -27.815 % | £-180,798 | £469,201 |
3 Month Average | 1.299 % | £8,441 | £658,441 |
6 Month Average | 11.612 % | £75,480 | £725,480 |
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 221 sq meters or 2,378 sq feet when measured on 28 Jan 2016. Using an estimated price of £871,931 means this house is valued at £3,945 per sq meter (£366 per sq foot).
The average size of a house on KINGSLAND is 215 sq meters (2,319 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 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 |