£350,278
This estimated value is based upon the latest sale price for the house of £75,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Kellfield Road
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Price Paid | Date |
---|---|
£75,000 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 1998 the House Price Index for TYNE AND WEAR was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £75,000 results in an estimated price of approximately £350,278.
31 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 367.038 % | £75,000 | £275,278 | £350,278 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 188.793 % | £141,594 | £216,594 |
3 Month Average | 195.240 % | £146,429 | £221,429 |
6 Month Average | 219.975 % | £164,981 | £239,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £246,000 | £246,000 | 14 STRATFORD GARDENS |
6 Nov 2023 | £259,847 | £256,000 | 21 DRYDEN ROAD |
7 Jul 2023 | £402,416 | £397,000 | 111 KELLS LANE |
11 Apr 2023 | £434,680 | £430,000 | 70 KELLS LANE |
1 Mar 2023 | £323,043 | £320,000 | 17 RAVENSDALE CRESCENT |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 3 Feb 2015. Using an estimated price of £350,278 means this house is valued at £2,366 per sq meter (£219 per sq foot).
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Kellfield Road |
Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Joicey Road |
Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beaconsfield Road |
Mar 2024 | Anti-social behaviour | On or near Beaconsfield Road |