£167,343
This estimated value is based upon the latest sale price for the house of £57,000 on 31 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Lambden Close
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| Price Paid | Date |
|---|---|
| £57,000 | 31 May 2002 |
| £31,235 | 2 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £57,000 results in an estimated price of approximately £167,343.
| 31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £57,000 | £110,343 | £167,343 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 80.853 % | £46,086 | £103,086 |
| 3 Month Average | 182.396 % | £103,965 | £160,965 |
| 6 Month Average | 209.424 % | £119,371 | £176,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £94,396 | £92,000 | 9 COVENTRY GARDENS |
| 9 Oct 2023 | £122,789 | £120,000 | 38 BRAYDON DRIVE |
| 20 Jan 2023 | £76,204 | £76,000 | 1 COVENTRY GARDENS |
| 22 Apr 2022 | £129,678 | £125,000 | 36 BRAYDON DRIVE |
| 13 Apr 2022 | £51,871 | £50,000 | 11 HUTTON HOUSE ST JOHNS GREEN |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 Feb 2019. Using an estimated price of £167,343 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on BRAYDON DRIVE is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lambden Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lambden Close |
| Jun 2024 | Anti-social behaviour | On or near Lambden Close | |
| Jun 2024 | Anti-social behaviour | On or near Lambden Close | |
| Jun 2024 | Anti-social behaviour | On or near Foxton Close |