£198,999
This estimated value is based upon the latest sale price for the house of £36,000 on 3 Oct 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£36,000 | 3 Oct 1996 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,012 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 1996 the House Price Index for TYNE AND WEAR was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £36,000 results in an estimated price of approximately £198,999.
3 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 149.7 | 452.776 % | £36,000 | £162,999 | £198,999 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 433.384 % | £156,018 | £192,018 |
3 Month Average | 264.896 % | £95,362 | £131,362 |
6 Month Average | 227.857 % | £82,028 | £118,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £71,092 | £70,000 | 52 FINCHALE ROAD |
31 Mar 2023 | £130,682 | £128,500 | 28 MELROSE AVENUE |
13 Feb 2023 | £138,928 | £138,000 | 68 FINCHALE ROAD |
30 Jan 2023 | £126,338 | £126,000 | 67 LILAC WALK |
21 Oct 2022 | £134,551 | £135,000 | 10 CLYDE AVENUE |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 23 Mar 2012. Using an estimated price of £199,000 means this house is valued at £2,116 per sq meter (£196 per sq foot).
The average size of a house on LINDISFARNE ROAD is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Bath Road | |
Jun 2024 | Anti-social behaviour | On or near Bath Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bath Road |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mimosa Drive |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Begonia Close |