£111,666
This estimated value is based upon the latest sale price for the house of £75,000 on 23 Feb 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 23 Feb 2015 |
| Terraced |
| Freehold |
| 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 February 2015 the House Price Index for TYNE AND WEAR was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £75,000 results in an estimated price of approximately £111,666.
| 23 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £75,000 | £36,666 | £111,666 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 30.477 % | £22,857 | £97,857 |
| 3 Month Average | 31.757 % | £23,817 | £98,817 |
| 6 Month Average | 35.793 % | £26,844 | £101,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £145,000 | £145,000 | 5 DAVID TERRACE |
| 15 Dec 2023 | £129,994 | £126,000 | 9 EMMA VIEW |
| 8 Dec 2023 | £219,237 | £212,500 | 8 ROSEDALE ROAD |
| 20 Oct 2023 | £158,602 | £155,000 | 9 WESTFIELD AVENUE |
| 8 Sep 2023 | £184,057 | £180,000 | 27 WESTFIELD CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Sep 2014. Using an estimated price of £111,666 means this house is valued at £1,618 per sq meter (£150 per sq foot).
The average size of a house on LLOYD STREET is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Westfield Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westfield Crescent |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Iris Terrace |
| Jul 2024 | Other theft | Under investigation | On or near Iris Terrace |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenside Road |