£255,689
This estimated value is based upon the latest sale price for the house of £189,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Lindisfarne Close
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| Price Paid | Date |
|---|---|
| £189,000 | 26 May 2016 |
| £124,000 | 18 May 2010 |
| £153,000 | 12 Oct 2006 |
| £116,000 | 1 Aug 2002 |
| £64,000 | 27 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 £189,000 results in an estimated price of approximately £255,689.
| 26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £189,000 | £66,689 | £255,689 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 24.946 % | £47,148 | £236,148 |
| 3 Month Average | 17.364 % | £32,817 | £221,817 |
| 6 Month Average | 11.355 % | £21,461 | £210,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £249,672 | £242,000 | 69 CHANDLER COURT ADDERSTONE CRESCENT |
| 9 Oct 2023 | £271,159 | £265,000 | 39 DULVERTON COURT ADDERSTONE CRESCENT |
| 31 Aug 2023 | £229,133 | £225,000 | 53 DULVERTON COURT ADDERSTONE CRESCENT |
| 6 Jun 2023 | £260,215 | £255,000 | 67 CHANDLER COURT ADDERSTONE CRESCENT |
| 28 Mar 2023 | £246,110 | £242,000 | 45 DULVERTON COURT ADDERSTONE CRESCENT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Feb 2016. Using an estimated price of £255,690 means this house is valued at £4,124 per sq meter (£383 per sq foot).
The average size of a house on ADDERSTONE CRESCENT is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lindisfarne Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adderstone Crescent |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lindisfarne Road |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area |