£152,532
This estimated value is based upon the latest sale price for the house of £140,000 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Lawson Gardens
More crime details
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Price Paid | Date |
---|---|
£140,000 | 15 Nov 2021 |
£114,995 | 28 Nov 2016 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £140,000 results in an estimated price of approximately £152,532.
15 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £140,000 | £12,532 | £152,532 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | -14.596 % | £-20,435 | £119,564 |
3 Month Average | 0.270 % | £377 | £140,377 |
6 Month Average | 4.177 % | £5,847 | £145,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £79,813 | £78,000 | 109 SCARBOROUGH ROAD |
20 Jan 2023 | £165,442 | £165,000 | 24 LAWSON CLOSE |
16 Jan 2023 | £215,576 | £215,000 | 68 LAWSON CLOSE |
8 Jul 2022 | £217,176 | £215,000 | 74 LAWSON CLOSE |
3 May 2022 | £184,815 | £180,000 | 64 LAWSON CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 Nov 2016. Using an estimated price of £152,533 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on LAWSON CLOSE is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Gardens |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Lawson Gardens |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lawson Gardens |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Lawson Gardens |