£208,156
This estimated value is based upon the latest sale price for the house of £122,000 on 30 Apr 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 |
|---|---|
| £122,000 | 30 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 754 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 April 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £122,000 results in an estimated price of approximately £208,156.
| 30 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £122,000 | £86,156 | £208,156 |
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 | 3.055 % | £3,727 | £125,727 |
| 3 Month Average | 27.553 % | £33,614 | £155,614 |
| 6 Month Average | 27.684 % | £33,774 | £155,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £112,514 | £111,000 | 28 DOVEDALE GARDENS |
| 26 Sep 2022 | £261,637 | £263,750 | 28 POPPLEWELL GARDENS |
| 2 Sep 2022 | £199,390 | £201,000 | 81 WYNBURY ROAD |
| 9 Feb 2022 | £138,952 | £132,500 | 112 BEACON LOUGH ROAD |
| 21 Jan 2022 | £172,360 | £163,777 | 7 AMBLESIDE GARDENS |
This house has a floor area of 70 sq meters or 754 sq feet when measured on 27 Jan 2012. Using an estimated price of £208,156 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on LORTON ROAD is 100 sq meters (1,077 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lorton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherrytree Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherrytree Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Buttermere Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Gardens |