£217,590
This estimated value is based upon the latest sale price for the house of £117,000 on 3 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,000 | 3 Jun 2005 |
| £79,000 | 31 Mar 2003 |
| £58,000 | 15 Jun 2001 |
| £35,000 | 17 Mar 1995 |
| Flats/Maisonettes |
| 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £117,000 results in an estimated price of approximately £217,590.
| 3 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £117,000 | £100,590 | £217,590 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 64.076 % | £74,969 | £191,969 |
| 3 Month Average | 56.177 % | £65,726 | £182,726 |
| 6 Month Average | 59.993 % | £70,192 | £187,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £277,032 | £270,000 | 10 MAYBURY VILLAS |
| 29 Sep 2023 | £363,002 | £355,000 | 16 LEALHOLM ROAD |
| 20 Sep 2023 | £288,357 | £282,000 | 14 LEALHOLM ROAD |
| 14 Feb 2023 | £342,286 | £340,000 | 3 GLAISDALE ROAD |
| 1 Feb 2023 | £201,345 | £200,000 | 29 MAYBURY VILLAS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Jul 2018. Using an estimated price of £217,591 means this house is valued at £3,153 per sq meter (£292 per sq foot).
The average size of a house on LEALHOLM ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Longbenton |
| Jul 2024 | Anti-social behaviour | On or near Longbenton | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Longbenton |
| Jul 2024 | Anti-social behaviour | On or near Longbenton | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Longbenton |