£325,016
This estimated value is based upon the latest sale price for the house of £199,500 on 2 Jun 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £199,500 | 2 Jun 2008 |
| £145,000 | 11 Apr 2006 |
| Semi-Detached |
| Leasehold |
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 June 2008 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £199,500 results in an estimated price of approximately £325,016.
| 2 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £199,500 | £125,516 | £325,016 |
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 | -11.525 % | £-22,992 | £176,507 |
| 3 Month Average | 2.502 % | £4,991 | £204,491 |
| 6 Month Average | 6.691 % | £13,348 | £212,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £209,951 | £203,500 | 1 LYNDHOLME BEACON LOUGH ROAD |
| 24 Nov 2023 | £443,765 | £432,500 | 1 LYNDHURST CRESCENT |
| 8 Nov 2023 | £220,600 | £215,000 | 237 KELLS LANE |
| 11 Oct 2023 | £107,440 | £105,000 | 712 DURHAM ROAD |
| 23 Feb 2023 | £251,681 | £250,000 | 36 HOME AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Ellison Place |
| Jul 2024 | Anti-social behaviour | On or near Lyndhurst Crescent | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Green |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Green |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Green |