£602,357
This estimated value is based upon the latest sale price for the house of £375,000 on 11 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £375,000 | 11 Apr 2007 |
| Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £375,000 results in an estimated price of approximately £602,357.
| 11 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £375,000 | £227,357 | £602,357 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -12.565 % | £-47,119 | £327,880 |
| 3 Month Average | 25.688 % | £96,331 | £471,331 |
| 6 Month Average | 26.494 % | £99,351 | £474,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £112,514 | £111,000 | 28 DOVEDALE GARDENS |
| 31 Mar 2023 | £348,281 | £345,000 | 16 LYNDHURST GROVE |
| 21 Mar 2023 | £343,234 | £340,000 | 10 IVY LANE |
| 20 Jan 2023 | £96,545 | £97,000 | 15 COLTON GARDENS |
| 7 Nov 2022 | £192,666 | £195,000 | 16 CEDARS GREEN |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 12 Jul 2013. Using an estimated price of £602,358 means this house is valued at £4,529 per sq meter (£420 per sq foot).
The average size of a house on LYNDHURST GROVE is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Gardens |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyndhurst Avenue |
| Apr 2024 | Public order | Under investigation | On or near Appleby Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Appleby Gardens |