£91,755
This estimated value is based upon the latest sale price for the house of £84,000 on 27 Oct 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 Lauder Way
More crime details
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| Price Paid | Date |
|---|---|
| £84,000 | 27 Oct 2021 |
| £85,000 | 20 Dec 2019 |
| £123,000 | 22 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 628 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £84,000 results in an estimated price of approximately £91,755.
| 27 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £84,000 | £7,755 | £91,755 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 18.288 % | £15,361 | £99,361 |
| 3 Month Average | -4.077 % | £-3,425 | £80,574 |
| 6 Month Average | -11.932 % | £-10,022 | £73,977 |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 14 Feb 2012.
The average size of a house on LAUDER WAY is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lauder Way | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lauder Way |
| Feb 2024 | Anti-social behaviour | On or near Lauder Way | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lauder Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lyons Court |