£71,024
This estimated value is based upon the latest sale price for the house of £52,500 on 20 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£52,500 | 20 May 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 May 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £52,500 results in an estimated price of approximately £71,024.
20 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £52,500 | £18,524 | £71,024 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 30.385 % | £15,952 | £68,452 |
3 Month Average | 34.907 % | £18,325 | £70,825 |
6 Month Average | 22.981 % | £12,064 | £64,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £183,057 | £180,000 | 22 LISLE GROVE |
16 Feb 2023 | £145,975 | £145,000 | 9 WINDSOR CLOSE |
7 Feb 2023 | £163,593 | £162,500 | 27 AMBERLEY CLOSE |
3 Feb 2023 | £136,915 | £136,000 | 16 CAMBERLEY ROAD |
18 Mar 2022 | £172,249 | £165,000 | 16 AMBERLEY CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Sep 2016. Using an estimated price of £71,025 means this house is valued at £1,029 per sq meter (£95 per sq foot).
The average size of a house on LISLE GROVE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Amberley Close | |
Jun 2024 | Anti-social behaviour | On or near Amberley Close | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Amberley Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Amberley Close |
Apr 2024 | Anti-social behaviour | On or near Camberley Road |