3, KNIVESTONE COURT, NEWCASTLE UPON TYNE, NE12 6ST - £257,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 KNIVESTONE COURT is a small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £300,814. It was last sold for £257,000 in February 2022, which was around 19% below the average February 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

3 KNIVESTONE COURT Sold Prices

Land registry data shows two sales for 3 KNIVESTONE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 3 KNIVESTONE COURT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 4 FEB	£257,000	£318,362	19% below HPI
2015 21 OCT	£152,500	£259,350	41% below HPI

3 KNIVESTONE COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 3 KNIVESTONE COURT sales from October 2015 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 KNIVESTONE COURT be worth now?

3 KNIVESTONE COURT might now be worth an estimated £300,814.

This is based on house price inflation of 17%, between February 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 3 KNIVESTONE COURT of £257,000 on 4th February 2022. For the value to have increased from £257,000 to £300,814 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 KNIVESTONE COURT has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The February 2022 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KNIVESTONE COURT has not materially changed since February 2022.

How Large is 3 KNIVESTONE COURT?

3 KNIVESTONE COURT is 84m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 3 KNIVESTONE COURT lies on this distribution: 28% of detached houses houses are smaller than 3 KNIVESTONE COURT, and 71% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

3 KNIVESTONE COURT: Plot and Title Map

3 KNIVESTONE COURT sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 KNIVESTONE COURT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 KNIVESTONE COURT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 KNIVESTONE COURT?

3 KNIVESTONE COURT is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 3 on KNIVESTONE COURT.