£140,499
This estimated value is based upon the latest sale price for the house of £43,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£43,000 | 12 Oct 2001 |
£45,000 | 22 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 October 2001 the House Price Index for TYNE AND WEAR was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £43,000 results in an estimated price of approximately £140,499.
12 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £43,000 | £97,499 | £140,499 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 358.651 % | £154,220 | £197,220 |
3 Month Average | 285.545 % | £122,784 | £165,784 |
6 Month Average | 263.470 % | £113,292 | £156,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £67,083 | £66,500 | 6 LIMEKILN COURT |
8 Mar 2024 | £60,936 | £60,000 | 26 CEDAR GROVE |
12 Jun 2023 | £60,717 | £59,500 | 12 LIMEKILN COURT |
27 May 2022 | £59,551 | £58,000 | 28 LIMEKILN COURT |
13 Apr 2022 | £64,320 | £62,000 | 22 LIMEKILN COURT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 28 Jul 2015. Using an estimated price of £140,499 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on LIMEKILN COURT is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Limekiln Court | |
Jun 2024 | Anti-social behaviour | On or near Limekiln Court | |
Jun 2024 | Anti-social behaviour | On or near Limekiln Court | |
Apr 2024 | Anti-social behaviour | On or near Limekiln Court | |
Apr 2024 | Anti-social behaviour | On or near Limekiln Court |