£431,681
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £350,000 | 19 Jul 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 124 sq meters or 1,334 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £350,000 results in an estimated price of approximately £431,681.
| 19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £350,000 | £81,681 | £431,681 |
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 | 4.671 % | £16,348 | £366,348 |
| 3 Month Average | 1.060 % | £3,709 | £353,709 |
| 6 Month Average | 10.082 % | £35,287 | £385,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £438,999 | £432,500 | 1 LYNDHURST CRESCENT |
| 10 Nov 2023 | £213,156 | £210,000 | 5 CEDARS GREEN |
| 9 Sep 2022 | £421,595 | £425,000 | 1 IVY LANE |
| 28 Jan 2022 | £215,744 | £205,000 | 51 CEDARS GREEN |
| 27 Aug 2021 | £329,107 | £295,000 | 1 LYNDHURST GREEN |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 24 Sep 2018. Using an estimated price of £431,681 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on LYNDHURST DRIVE is 201 sq meters (2,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Appledore Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ivy Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Green |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Blackrow Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Blackrow Lane |