£329,106
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Aug 2021. 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 Lyndhurst Green
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| Price Paid | Date |
|---|---|
| £295,000 | 27 Aug 2021 |
| £155,000 | 14 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £295,000 results in an estimated price of approximately £329,106.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £295,000 | £34,106 | £329,106 |
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 | 42.177 % | £124,422 | £419,422 |
| 3 Month Average | 5.782 % | £17,055 | £312,055 |
| 6 Month Average | 3.856 % | £11,374 | £306,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £207,124 | £203,500 | 1 LYNDHOLME BEACON LOUGH ROAD |
| 24 Nov 2023 | £438,999 | £432,500 | 1 LYNDHURST CRESCENT |
| 8 Nov 2023 | £218,231 | £215,000 | 237 KELLS LANE |
| 7 Jul 2023 | £112,514 | £111,000 | 50 ISLESTONE |
| 3 Mar 2023 | £292,758 | £290,000 | 8 - 10 CHOWDENE BANK |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Jul 2020. Using an estimated price of £329,107 means this house is valued at £3,358 per sq meter (£311 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Green |