£220,450
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £220,000 | 29 Sep 2023 |
| £160,000 | 29 Mar 2018 |
| £150,000 | 9 Apr 2010 |
| £100,000 | 24 Oct 2003 |
| £40,000 | 15 Jul 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,008 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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £220,000 results in an estimated price of approximately £220,450.
| 29 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £220,000 | £450 | £220,450 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -25.098 % | £-55,214 | £164,785 |
| 3 Month Average | 0.214 % | £471 | £220,471 |
| 6 Month Average | 7.622 % | £16,768 | £236,768 |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 5 Aug 2009.
The average size of a house on LOWESWATER ROAD is 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Buttermere Gardens |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |