£110,760
This estimated value is based upon the latest sale price for the house of £82,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,000 | 24 Mar 2016 |
| £39,000 | 9 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £82,000 results in an estimated price of approximately £110,760.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £82,000 | £28,760 | £110,760 |
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 | 40.455 % | £33,172 | £115,172 |
| 3 Month Average | 2.422 % | £1,986 | £83,986 |
| 6 Month Average | 18.967 % | £15,552 | £97,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £274,057 | £270,000 | 10 MAYBURY VILLAS |
| 29 Sep 2023 | £359,598 | £355,000 | 16 LEALHOLM ROAD |
| 20 Sep 2023 | £285,652 | £282,000 | 14 LEALHOLM ROAD |
| 4 Jul 2023 | £192,592 | £190,000 | 2 MAYBURY VILLAS |
| 14 Feb 2023 | £339,771 | £340,000 | 3 GLAISDALE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 19 Feb 2014. Using an estimated price of £110,760 means this house is valued at £1,653 per sq meter (£153 per sq foot).
The average size of a house on LEALHOLM ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Longbenton |
| Feb 2024 | Drugs | Under investigation | On or near Longbenton |
| Jan 2024 | Vehicle crime | Under investigation | On or near Longbenton |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longbenton |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longbenton |