£173,812
This estimated value is based upon the latest sale price for the house of £105,000 on 11 Dec 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 |
|---|---|
| £105,000 | 11 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2006 the House Price Index for TYNE AND WEAR was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £105,000 results in an estimated price of approximately £173,812.
| 11 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £105,000 | £68,812 | £173,812 |
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 | -9.379 % | £-9,848 | £95,151 |
| 3 Month Average | 28.214 % | £29,624 | £134,624 |
| 6 Month Average | 25.254 % | £26,517 | £131,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £157,329 | £155,000 | 5 OAKWOOD CLOSE |
| 10 Nov 2023 | £152,203 | £149,950 | 5 LISMORE TERRACE |
| 2 Nov 2023 | £160,374 | £158,000 | 5 FELL PLACE |
| 30 Jun 2023 | £197,391 | £195,000 | 2 WESTFIELD CRESCENT |
| 20 May 2022 | £76,440 | £75,000 | 2 LISMORE TERRACE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 May 2015. Using an estimated price of £173,812 means this house is valued at £2,069 per sq meter (£192 per sq foot).
The average size of a house on LISMORE TERRACE is 83 sq meters (902 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
| Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive |