£73,483
This estimated value is based upon the latest sale price for the house of £21,000 on 30 Mar 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 |
|---|---|
| £21,000 | 30 Mar 2001 |
| £18,000 | 6 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 868 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £21,000 results in an estimated price of approximately £73,483.
| 30 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £21,000 | £52,483 | £73,483 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 139.778 % | £29,353 | £50,353 |
| 3 Month Average | 141.777 % | £29,773 | £50,773 |
| 6 Month Average | 118.660 % | £24,918 | £45,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £83,789 | £83,000 | 27 SOUTH STREET |
| 20 May 2022 | £96,824 | £95,000 | 44 SOUTH STREET |
| 25 Apr 2022 | £139,023 | £135,000 | 4 SPRINGFIELD ROAD |
| 18 Feb 2022 | £94,383 | £90,000 | 12 KIRK VIEW |
| 11 Nov 2021 | £139,515 | £129,000 | 5 HARTOFT CLOSE |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 7 May 2009. Using an estimated price of £73,483 means this house is valued at £910 per sq meter (£84 per sq foot).
The average size of a house on LILY TERRACE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near North Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kirk View |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Anti-social behaviour | On or near Charles Street |