£132,020
This estimated value is based upon the latest sale price for the house of £77,525 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£77,525 | 28 Sep 2012 |
£77,525 | 28 Sep 2012 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £77,525 results in an estimated price of approximately £132,020.
28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £77,525 | £54,495 | £132,020 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 0.732 % | £567 | £78,092 |
3 Month Average | 20.056 % | £15,548 | £93,073 |
6 Month Average | 29.077 % | £22,541 | £100,066 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £114,464 | £113,000 | 26 RAEBURN ROAD |
10 Jul 2023 | £83,119 | £82,000 | 78 LORRAIN ROAD |
12 Aug 2022 | £95,244 | £95,500 | 29 LORRAIN ROAD |
8 Jun 2022 | £111,577 | £110,000 | 42 RENOIR GARDENS |
5 Apr 2022 | £116,367 | £113,000 | 1 RAEBURN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Aug 2012. Using an estimated price of £132,020 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on LANDSEER GARDENS is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Landseer Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Landseer Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Landseer Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Landseer Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Landseer Gardens |