£148,890
This estimated value is based upon the latest sale price for the house of £66,000 on 31 Oct 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,000 | 31 Oct 2003 |
| £30,000 | 15 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 October 2003 the House Price Index for TYNE AND WEAR was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £66,000 results in an estimated price of approximately £148,890.
| 31 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £66,000 | £82,890 | £148,890 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 122.401 % | £80,784 | £146,784 |
| 3 Month Average | 108.781 % | £71,795 | £137,795 |
| 6 Month Average | 83.433 % | £55,065 | £121,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £77,000 | £77,000 | 97 LINDISFARNE ROAD |
| 3 May 2024 | £87,000 | £87,000 | 30 STANHOPE ROAD |
| 28 Jun 2023 | £89,800 | £88,000 | 45 LAWSON AVENUE |
| 24 Mar 2023 | £106,783 | £105,000 | 19 FINCHALE TERRACE |
| 1 Feb 2023 | £98,156 | £97,500 | 31 CHILLINGHAM TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Oct 2014. Using an estimated price of £148,890 means this house is valued at £2,255 per sq meter (£209 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lindisfarne Recess |
| Jul 2024 | Public order | Under investigation | On or near Lindisfarne Recess |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near A19 |
| Aug 2024 | Anti-social behaviour | On or near A19 | |
| Aug 2024 | Anti-social behaviour | On or near A19 |