£98,715
This estimated value is based upon the latest sale price for the house of £86,250 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,250 | 10 Nov 2020 |
| £86,250 | 25 Jan 2017 |
| £60,000 | 26 Jul 2016 |
| £45,000 | 26 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £86,250 results in an estimated price of approximately £98,715.
| 10 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £86,250 | £12,465 | £98,715 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -1.010 % | £-871 | £85,378 |
| 3 Month Average | -1.933 % | £-1,667 | £84,582 |
| 6 Month Average | 1.403 % | £1,210 | £87,460 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jun 2016.
The average size of a house on DARDEN LOUGH is 93 sq meters (1,006 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darden Lough |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Darden Lough |
| Jan 2024 | Anti-social behaviour | On or near Darden Lough | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Darden Lough |
| Jan 2024 | Anti-social behaviour | On or near Darden Lough |