£238,498
This estimated value is based upon the latest sale price for the house of £139,000 on 8 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£139,000 | 8 Sep 2006 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £139,000 results in an estimated price of approximately £238,498.
8 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £139,000 | £99,498 | £238,498 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 56.032 % | £77,884 | £216,884 |
3 Month Average | 39.487 % | £54,887 | £193,887 |
6 Month Average | 30.810 % | £42,825 | £181,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £54,782 | £53,099 | 1 SUFFOLK STREET |
28 Apr 2023 | £163,050 | £160,000 | 61 YORK STREET |
20 Apr 2023 | £228,270 | £224,000 | 41 BEDE BURN ROAD |
14 Apr 2023 | £138,592 | £136,000 | 177 ALBERT ROAD |
31 Mar 2023 | £327,469 | £322,000 | 4 SURREY STREET |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Jul 2019. Using an estimated price of £238,499 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on KENT STREET is 131 sq meters (1,416 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Shoplifting | Awaiting court outcome | On or near Kent Street |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Court |
Aug 2024 | Drugs | Under investigation | On or near Surrey Street |