£120,663
This estimated value is based upon the latest sale price for the house of £81,200 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £81,200 | 23 Jan 2015 |
| £94,000 | 20 May 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £81,200 results in an estimated price of approximately £120,663.
| 23 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £81,200 | £39,463 | £120,663 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 13.080 % | £10,620 | £91,820 |
| 3 Month Average | 16.256 % | £13,200 | £94,400 |
| 6 Month Average | 21.275 % | £17,275 | £98,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £118,758 | £117,000 | 115 TWO BALL LONNEN |
| 30 Jun 2023 | £124,508 | £123,000 | 153 TWO BALL LONNEN |
| 6 Apr 2023 | £146,578 | £145,000 | 118 TWO BALL LONNEN |
| 10 Feb 2023 | £117,421 | £117,500 | 138 OVINGTON GROVE |
| 14 Apr 2022 | £90,107 | £87,500 | 120 OVINGTON GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 May 2014. Using an estimated price of £120,663 means this house is valued at £1,527 per sq meter (£141 per sq foot).
The average size of a house on TWO BALL LONNEN is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Dahlia Place |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dahlia Place |
| Mar 2024 | Public order | Under investigation | On or near Dahlia Place |
| Feb 2024 | Anti-social behaviour | On or near Dahlia Place | |
| Feb 2024 | Anti-social behaviour | On or near Dahlia Place |