£175,918
This estimated value is based upon the latest sale price for the house of £101,000 on 21 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£101,000 | 21 Jul 2006 |
£85,000 | 7 May 2004 |
£37,995 | 18 Dec 1998 |
£36,950 | 1 Aug 1997 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 752 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £101,000 results in an estimated price of approximately £175,918.
21 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £101,000 | £74,918 | £175,918 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 0.495 % | £499 | £101,499 |
3 Month Average | 7.507 % | £7,581 | £108,581 |
6 Month Average | 14.152 % | £14,293 | £115,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £159,037 | £155,000 | 5 OAKWOOD CLOSE |
10 Nov 2023 | £153,855 | £149,950 | 5 LISMORE TERRACE |
2 Nov 2023 | £162,115 | £158,000 | 5 FELL PLACE |
30 Jun 2023 | £198,988 | £195,000 | 2 WESTFIELD CRESCENT |
20 May 2022 | £77,006 | £75,000 | 2 LISMORE TERRACE |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 8 Jul 2009. Using an estimated price of £175,919 means this house is valued at £2,517 per sq meter (£233 per sq foot).
The average size of a house on LISMORE TERRACE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Charlbury Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Charlbury Close |
Jun 2024 | Anti-social behaviour | On or near Charlbury Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Charlbury Close |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oakwood Close |