£102,258
This estimated value is based upon the latest sale price for the house of £75,500 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been four burglaries within the last year on or near Lakeside Gardens
More crime details
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Price Paid | Date |
---|---|
£75,500 | 15 Apr 2016 |
£82,750 | 24 Feb 2006 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 739 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 April 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £75,500 results in an estimated price of approximately £102,258.
15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £75,500 | £26,758 | £102,258 |
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 | 13.012 % | £9,824 | £85,324 |
3 Month Average | 20.491 % | £15,470 | £90,970 |
6 Month Average | 40.838 % | £30,832 | £106,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £169,000 | £169,000 | 40 LAKESIDE GARDENS |
5 Jul 2023 | £4,054,570 | £4,000,000 | 46 SWAN ROAD |
2 Jun 2023 | £86,042 | £85,000 | 18 LAKESIDE GARDENS |
28 Apr 2023 | £181,959 | £180,000 | 42 LAKESIDE GARDENS |
14 Apr 2023 | £53,577 | £53,000 | 12 SHERRINGHAM HOUSE STATION ROAD |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 19 Jun 2009. Using an estimated price of £102,258 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on BARMSTON CLOSE is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Lakeside Gardens | |
Feb 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |