£629,280
This estimated value is based upon the latest sale price for the house of £412,500 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£412,500 | 14 Aug 2014 |
£399,000 | 13 Jul 2011 |
£399,000 | 29 Apr 2005 |
£315,500 | 10 Jan 2003 |
£220,000 | 23 May 2001 |
£156,750 | 14 Jan 1999 |
Terraced |
Freehold |
Floor Area: 156 sq meters or 1,686 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £412,500 results in an estimated price of approximately £629,280.
14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £412,500 | £216,780 | £629,280 |
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 | 129.432 % | £533,906 | £946,406 |
3 Month Average | 52.545 % | £216,747 | £629,247 |
6 Month Average | 33.751 % | £139,221 | £551,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £677,385 | £662,000 | 38 LARKSPUR TERRACE |
28 Feb 2023 | £503,362 | £500,000 | 34 LARKSPUR TERRACE |
28 Feb 2023 | £499,839 | £496,500 | 42 LARKSPUR TERRACE |
13 Feb 2023 | £538,598 | £535,000 | 20 LARKSPUR TERRACE |
16 Sep 2022 | £849,433 | £850,000 | 31 ACORN ROAD |
This house has a floor area of 156 sq meters or 1,686 sq feet when measured on 17 Feb 2011. Using an estimated price of £629,280 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on LARKSPUR TERRACE is 168 sq meters (1,813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Larkspur Terrace | |
Jun 2024 | Anti-social behaviour | On or near Larkspur Terrace | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Larkspur Terrace |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Larkspur Terrace |
May 2024 | Anti-social behaviour | On or near Larkspur Terrace |