£154,684
This estimated value is based upon the latest sale price for the house of £92,000 on 24 Aug 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 |
|---|---|
| £92,000 | 24 Aug 2012 |
| £80,950 | 8 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 686 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.135%.Applying this 68.135% change to the original purchase price of £92,000 results in an estimated price of approximately £154,684.
| 24 Aug 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.135 % | £92,000 | £62,684 | £154,684 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 6.591 % | £6,063 | £98,063 |
| 3 Month Average | 12.215 % | £11,237 | £103,237 |
| 6 Month Average | 15.361 % | £14,132 | £106,132 |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 21 May 2010.
The average size of a house on LOBLEY HILL ROAD is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Anti-social behaviour | On or near Arkle Street | |
| Jan 2024 | Other crime | Under investigation | On or near King Street |