£328,739
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Jul 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£200,000 | 2 Jul 2008 |
£150,000 | 9 Feb 2007 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,208 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 July 2008 the House Price Index for TYNE AND WEAR was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £200,000 results in an estimated price of approximately £328,739.
2 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £200,000 | £128,739 | £328,739 |
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 | 17.087 % | £34,173 | £234,173 |
3 Month Average | 12.602 % | £25,204 | £225,204 |
6 Month Average | 20.422 % | £40,844 | £240,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2022 | £242,390 | £245,000 | 28 STOCKSFIELD AVENUE |
21 Jan 2022 | £210,482 | £200,000 | 13 STOCKSFIELD AVENUE |
26 Nov 2021 | £337,432 | £312,000 | 39 TWO BALL LONNEN |
13 Aug 2021 | £336,916 | £302,000 | 34 LEMINGTON GARDENS |
30 Jul 2021 | £312,600 | £272,000 | 24 LEMINGTON GARDENS |
This house has a floor area of 112 sq meters or 1,208 sq feet when measured on 13 May 2009. Using an estimated price of £328,740 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on LEMINGTON GARDENS is 141 sq meters (1,528 sq feet).
This house is the smallest in the street with a floor area of 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Lemington Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stocksfield Avenue |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Stocksfield Avenue |
Mar 2024 | Drugs | Under investigation | On or near Rothley Avenue |
Jan 2024 | Anti-social behaviour | On or near Rothley Avenue |