£325,994
This estimated value is based upon the latest sale price for the house of £58,000 on 27 Jan 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£58,000 | 27 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,383 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 January 1995 the House Price Index for TYNE AND WEAR was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £58,000 results in an estimated price of approximately £325,994.
27 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 149.7 | 462.059 % | £58,000 | £267,994 | £325,994 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 406.673 % | £235,870 | £293,870 |
3 Month Average | 348.441 % | £202,095 | £260,095 |
6 Month Average | 343.551 % | £199,259 | £257,259 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £242,450 | £235,000 | 16 LISLE ROAD |
15 Nov 2023 | £191,870 | £187,000 | 71 MARSDEN ROAD |
15 Jun 2023 | £227,050 | £222,500 | 18 SUMMERHILL ROAD |
17 Mar 2023 | £173,904 | £171,000 | 59 MARSDEN ROAD |
3 Feb 2023 | £201,345 | £200,000 | 22 SUMMERHILL ROAD |
This house has a floor area of 128 sq meters or 1,383 sq feet when measured on 22 Jun 2009. Using an estimated price of £325,994 means this house is valued at £2,536 per sq meter (£235 per sq foot).
The average size of a house on LISLE ROAD is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Under investigation | On or near Fairholme Avenue |
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Harton House Road |
Oct 2024 | Shoplifting | Under investigation | On or near Marsden Road |
Oct 2024 | Burglary | Under investigation | On or near Marsden Road |
Sep 2024 | Public order | Under investigation | On or near Marsden Road |