£164,709
This estimated value is based upon the latest sale price for the house of £87,500 on 11 Nov 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been four burglaries within the last year on or near Lakeside Gardens
More crime details
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Price Paid | Date |
---|---|
£87,500 | 11 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 550 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 November 2004 the House Price Index for TYNE AND WEAR was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £87,500 results in an estimated price of approximately £164,709.
11 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £87,500 | £77,209 | £164,709 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 62.131 % | £54,364 | £141,864 |
3 Month Average | 34.086 % | £29,825 | £117,325 |
6 Month Average | 60.863 % | £53,255 | £140,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £169,000 | £169,000 | 40 LAKESIDE GARDENS |
2 Jun 2023 | £86,042 | £85,000 | 18 LAKESIDE GARDENS |
28 Apr 2023 | £181,959 | £180,000 | 42 LAKESIDE GARDENS |
14 Apr 2023 | £53,577 | £53,000 | 12 SHERRINGHAM HOUSE STATION ROAD |
22 Mar 2023 | £35,333 | £35,000 | 14 SHERRINGHAM HOUSE STATION ROAD |
This house has a floor area of 51 sq meters or 550 sq feet when measured on 4 Jul 2009. Using an estimated price of £164,710 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on STATION ROAD is 75 sq meters (809 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Lakeside Gardens | |
Feb 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |
Jan 2024 | Burglary | Under investigation | On or near Lakeside Gardens |