£303,694
This estimated value is based upon the latest sale price for the house of £190,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £190,000 | 8 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £190,000 results in an estimated price of approximately £303,694.
| 8 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £190,000 | £113,694 | £303,694 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 19.323 % | £36,713 | £226,713 |
| 3 Month Average | 28.786 % | £54,694 | £244,694 |
| 6 Month Average | 9.050 % | £17,195 | £207,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £235,000 | £235,000 | 14 LINDISFARNE |
| 15 Mar 2024 | £242,729 | £239,000 | 1 DUNDRENNAN |
| 1 Mar 2024 | £184,840 | £182,000 | 20 LINDISFARNE |
| 4 Dec 2023 | £206,289 | £199,950 | 38 RIEVAULX |
| 24 Nov 2023 | £251,381 | £245,000 | 12 LINDISFARNE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 Aug 2014. Using an estimated price of £303,694 means this house is valued at £3,098 per sq meter (£287 per sq foot).
The average size of a house on RIEVAULX is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Finchale |
| Oct 2024 | Anti-social behaviour | On or near Lindisfarne | |
| Oct 2024 | Anti-social behaviour | On or near Lindisfarne | |
| Aug 2024 | Anti-social behaviour | On or near Lindisfarne | |
| Aug 2024 | Anti-social behaviour | On or near Lindisfarne |