£566,842
This estimated value is based upon the latest sale price for the house of £92,500 on 15 Nov 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £92,500 | 15 Nov 2024 |
| £86,250 | 14 Apr 2022 |
| £64,500 | 17 Feb 2020 |
| £85,000 | 29 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 November 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £92,500 results in an estimated price of approximately £566,842.
| 15 Nov 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £92,500 | £474,342 | £566,842 |
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 | 0.000 % | £0 | £92,500 |
| 3 Month Average | 0.000 % | £0 | £92,500 |
| 6 Month Average | 0.000 % | £0 | £92,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £145,000 | £145,000 | 8 LANE CORNER |
| 15 Dec 2023 | £98,012 | £95,000 | 23 LOW LANE |
| 6 Dec 2023 | £101,107 | £98,000 | 17 EAVERS COURT |
| 28 Apr 2023 | £139,611 | £137,000 | 1 LANE CORNER |
| 31 Mar 2023 | £1,016,984 | £1,000,000 | LEASE DIRECT CAR SALES BOLDON LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 4 Dec 2021.
The average size of a house on LOW LANE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near B1298 | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near B1298 |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near B1298 |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near B1298 |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near B1298 |