£123,530
This estimated value is based upon the latest sale price for the house of £69,000 on 31 Jan 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,000 | 31 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 January 2006 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £69,000 results in an estimated price of approximately £123,530.
| 31 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £69,000 | £54,530 | £123,530 |
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 | 23.239 % | £16,034 | £85,034 |
| 3 Month Average | 19.425 % | £13,403 | £82,403 |
| 6 Month Average | 33.622 % | £23,199 | £92,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £83,969 | £82,500 | 6 KNARSDALE PLACE |
| 13 Feb 2023 | £142,404 | £142,500 | 71 LINBRIDGE DRIVE |
| 23 Jan 2023 | £127,898 | £128,500 | 47 APPERLEY |
| 19 May 2022 | £79,498 | £78,000 | 51 HAUGHTON CRESCENT |
| 18 May 2022 | £101,920 | £100,000 | 14 HAUGHTON CRESCENT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Sep 2014. Using an estimated price of £123,530 means this house is valued at £1,843 per sq meter (£171 per sq foot).
The average size of a house on LINBRIDGE DRIVE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Linbridge Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Linbridge Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Linbridge Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Linbridge Drive |
| Mar 2024 | Anti-social behaviour | On or near Linbridge Drive |