£166,047
This estimated value is based upon the latest sale price for the house of £35,000 on 23 Feb 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 23 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 1998 the House Price Index for TYNE AND WEAR was 30.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 374.421%.Applying this 374.421% change to the original purchase price of £35,000 results in an estimated price of approximately £166,047.
| 23 Feb 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 146.7 | 374.421 % | £35,000 | £131,047 | £166,047 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 254.958 % | £89,235 | £124,235 |
| 3 Month Average | 200.880 % | £70,308 | £105,308 |
| 6 Month Average | 272.824 % | £95,488 | £130,488 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Feb 2020.
The average size of a house on LOWTHIAN TERRACE is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lowthian Terrace | |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lowthian Terrace |
| Dec 2023 | Public order | Under investigation | On or near Lowthian Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowthian Terrace |
| Feb 2024 | Anti-social behaviour | On or near Tweed Street |