£232,967
This estimated value is based upon the latest sale price for the house of £189,013 on 12 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£189,013 | 12 Feb 2020 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £189,013 results in an estimated price of approximately £232,967.
12 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £189,013 | £43,954 | £232,967 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -46.814 % | £-88,484 | £100,528 |
3 Month Average | 22.676 % | £42,859 | £231,872 |
6 Month Average | 10.632 % | £20,096 | £209,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £260,000 | £260,000 | 3 PYKERLEY MEWS |
21 Dec 2023 | £108,329 | £105,000 | 92 FRONT STREET |
22 Sep 2023 | £211,666 | £207,000 | 3 WINDSOR ROAD |
11 Sep 2023 | £202,443 | £197,980 | 3 PRINCES GARDENS |
27 Apr 2023 | £254,765 | £250,000 | 6 RELTON TERRACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 29 Aug 2014. Using an estimated price of £232,967 means this house is valued at £2,617 per sq meter (£243 per sq foot).
The average size of a house on LYNDHURST ROAD is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Back Lane |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Back Lane |
Jul 2024 | Anti-social behaviour | On or near Lyndhurst Road | |
Jul 2024 | Anti-social behaviour | On or near Lyndhurst Road | |
Jun 2024 | Anti-social behaviour | On or near Lyndhurst Road |