£335,000
This estimated value is based upon the latest sale price for the house of £335,000 on 14 May 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£335,000 | 14 May 2024 |
£137,000 | 6 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 112 sq meters or 1,205 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 May 2024 the House Price Index for TYNE AND WEAR was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £335,000 results in an estimated price of approximately £335,000.
14 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.7 | 149.7 | 0.000 % | £335,000 | £0 | £335,000 |
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 | 244.241 % | £818,206 | £1,153,206 |
3 Month Average | 21.066 % | £70,572 | £405,572 |
6 Month Average | 19.001 % | £63,652 | £398,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £366,254 | £355,000 | 58 LAVENDER GARDENS |
10 Feb 2023 | £244,634 | £243,000 | 69 FORSYTH ROAD |
26 Apr 2022 | £208,002 | £200,499 | 24 LAVENDER GARDENS |
12 Jul 2021 | £248,921 | £215,000 | 28 FORSYTH ROAD |
4 Sep 2020 | £221,591 | £185,250 | 64 FORSYTH ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 29 Apr 2019.
The average size of a house on LAVENDER GARDENS is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Lavender Gardens | |
May 2024 | Anti-social behaviour | On or near Lavender Gardens | |
May 2024 | Anti-social behaviour | On or near Lavender Gardens |