£306,934
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Ludlow Court
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Price Paid | Date |
---|---|
£205,000 | 21 Nov 2014 |
£173,000 | 16 Feb 2004 |
£173,000 | 16 Feb 2004 |
£105,000 | 7 Jul 2000 |
£105,000 | 7 Jul 2000 |
Semi-Detached |
Leasehold |
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 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £205,000 results in an estimated price of approximately £306,934.
21 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £205,000 | £101,934 | £306,934 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 14.669 % | £30,070 | £235,070 |
3 Month Average | 11.207 % | £22,973 | £227,973 |
6 Month Average | 17.811 % | £36,511 | £241,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £63,772 | £63,000 | 4 PRUDHOE COURT |
6 Jun 2023 | £202,452 | £200,000 | 2 WINDSOR COURT |
28 Oct 2022 | £324,011 | £327,500 | 6 WARCOP COURT |
20 Jun 2022 | £111,577 | £110,000 | 18 PRUDHOE COURT |
10 Jun 2022 | £119,184 | £117,500 | 10 PRUDHOE COURT |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ludlow Court |
Jan 2024 | Burglary | Awaiting court outcome | On or near Ludlow Court |
Dec 2023 | Burglary | Awaiting court outcome | On or near Ludlow Court |
Jan 2024 | Anti-social behaviour | On or near Warwick Court | |
Jan 2024 | Anti-social behaviour | On or near Warwick Court |