£135,696
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Sep 2021. 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 Lowbiggin
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Sep 2021 |
| £40,000 | 19 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £125,000 results in an estimated price of approximately £135,696.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £125,000 | £10,696 | £135,696 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -6.006 % | £-7,507 | £117,492 |
| 3 Month Average | 6.986 % | £8,732 | £133,732 |
| 6 Month Average | 8.618 % | £10,772 | £135,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £82,084 | £80,000 | 192 LOWBIGGIN |
| 15 Sep 2023 | £92,029 | £90,000 | 140 LOWBIGGIN |
| 23 Jun 2023 | £127,556 | £125,000 | 203 LOWBIGGIN |
| 20 Feb 2023 | £104,699 | £104,000 | 63 LOWBIGGIN |
| 6 Feb 2023 | £120,807 | £120,000 | 96 LOWBIGGIN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Jul 2021. Using an estimated price of £135,696 means this house is valued at £1,542 per sq meter (£143 per sq foot).
The average size of a house on LOWBIGGIN is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lowbiggin |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lowbiggin |
| Sep 2024 | Burglary | Under investigation | On or near Lowbiggin |
| Aug 2024 | Anti-social behaviour | On or near Lowbiggin | |
| Aug 2024 | Anti-social behaviour | On or near Lowbiggin |