£647,732
This estimated value is based upon the latest sale price for the house of £379,950 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£379,950 | 30 Nov 2012 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 November 2012 the House Price Index for TYNE AND WEAR was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £379,950 results in an estimated price of approximately £647,732.
30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £379,950 | £267,782 | £647,732 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 40.238 % | £152,884 | £532,834 |
3 Month Average | 43.453 % | £165,100 | £545,050 |
6 Month Average | 46.062 % | £175,012 | £554,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £464,463 | £460,430 | 22 ST LUCIA CLOSE |
24 Nov 2023 | £395,027 | £385,000 | 43 WOODBURN DRIVE |
1 Nov 2023 | £97,474 | £95,000 | 1 CLAREMONT COURT |
30 Jun 2023 | £372,464 | £365,000 | 66 CRAGSIDE |
9 Jun 2023 | £531,919 | £521,259 | 46 ST LUCIA CLOSE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 7 Nov 2011. Using an estimated price of £647,732 means this house is valued at £4,406 per sq meter (£409 per sq foot).
The average size of a house on LODGE COURT is 166 sq meters (1,790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Lodge Court | |
Jun 2024 | Anti-social behaviour | On or near Lodge Court | |
Apr 2024 | Anti-social behaviour | On or near Lodge Court | |
Apr 2024 | Anti-social behaviour | On or near Lodge Court | |
Apr 2024 | Anti-social behaviour | On or near Lodge Court |