£478,917
This estimated value is based upon the latest sale price for the house of £385,000 on 13 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £385,000 | 13 Jun 2018 |
| £379,950 | 21 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £385,000 results in an estimated price of approximately £478,917.
| 13 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £385,000 | £93,917 | £478,917 |
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 | 8.113 % | £31,236 | £416,236 |
| 3 Month Average | 44.021 % | £169,479 | £554,479 |
| 6 Month Average | 36.008 % | £138,631 | £523,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £390,786 | £385,000 | 43 WOODBURN DRIVE |
| 1 Nov 2023 | £96,428 | £95,000 | 1 CLAREMONT COURT |
| 30 Jun 2023 | £369,475 | £365,000 | 66 CRAGSIDE |
| 9 Jun 2023 | £527,650 | £521,259 | 46 ST LUCIA CLOSE |
| 5 Jun 2023 | £303,678 | £300,000 | 64 CRAGSIDE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 7 Nov 2011. Using an estimated price of £478,918 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on LODGE COURT is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lodge Court | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Lodge Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lynfield |
| Apr 2024 | Public order | Under investigation | On or near Lynfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lynfield |