£326,989
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £320,000 | 10 Jun 2022 |
| £200,000 | 31 Mar 2017 |
| £95,000 | 30 May 2002 |
| £59,995 | 17 Aug 2001 |
| £46,000 | 12 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £320,000 results in an estimated price of approximately £326,989.
| 10 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £320,000 | £6,989 | £326,989 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -5.125 % | £-16,399 | £303,600 |
| 3 Month Average | 6.442 % | £20,615 | £340,615 |
| 6 Month Average | 23.838 % | £76,281 | £396,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2024 | £240,000 | £240,000 | 2 RELTON PLACE |
| 20 Dec 2023 | £54,680 | £53,000 | FLAT 45 HOMEPRIOR HOUSE FRONT STREET |
| 22 Sep 2023 | £211,666 | £207,000 | 3 WINDSOR ROAD |
| 11 Sep 2023 | £202,443 | £197,980 | 3 PRINCES GARDENS |
| 27 Apr 2023 | £254,765 | £250,000 | 6 RELTON TERRACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Aug 2016. Using an estimated price of £326,990 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on LYNDHURST ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Aug 2024 | Other crime | Under investigation | On or near Lyndhurst Road |
| Jul 2024 | Anti-social behaviour | On or near Lyndhurst Road | |
| Jul 2024 | Anti-social behaviour | On or near Lyndhurst Road |