£31,037
This estimated value is based upon the latest sale price for the house of £30,250 on 14 Nov 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 |
|---|---|
| £30,250 | 14 Nov 2023 |
| £25,500 | 31 Jan 2023 |
| £15,000 | 28 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £30,250 results in an estimated price of approximately £31,037.
| 14 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £30,250 | £787 | £31,037 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 13.905 % | £4,206 | £34,456 |
| 3 Month Average | 24.487 % | £7,407 | £37,657 |
| 6 Month Average | -18.399 % | £-5,565 | £24,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £25,390 | £25,000 | 68 KENILWORTH COURT |
| 19 Dec 2023 | £30,951 | £30,000 | 65 KENILWORTH COURT |
| 14 Nov 2023 | £31,038 | £30,250 | 74 KENILWORTH COURT |
| 28 Feb 2023 | £35,235 | £35,000 | 97 KENILWORTH COURT |
| 8 Feb 2023 | £35,235 | £35,000 | 53 KENILWORTH COURT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Jun 2013. Using an estimated price of £31,038 means this house is valued at £463 per sq meter (£43 per sq foot).
The average size of a house on KENILWORTH COURT is 74 sq meters (798 sq feet).