£488,724
This estimated value is based upon the latest sale price for the house of £400,000 on 17 Dec 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 |
|---|---|
| £400,000 | 17 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £400,000 results in an estimated price of approximately £488,724.
| 17 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £400,000 | £88,724 | £488,724 |
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 | -22.649 % | £-90,596 | £309,403 |
| 3 Month Average | 20.408 % | £81,632 | £481,632 |
| 6 Month Average | 16.695 % | £66,780 | £466,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £207,424 | £203,500 | 1 LYNDHOLME BEACON LOUGH ROAD |
| 24 Nov 2023 | £438,125 | £432,500 | 1 LYNDHURST CRESCENT |
| 23 Feb 2023 | £248,823 | £250,000 | 36 HOME AVENUE |
| 31 Jan 2022 | £204,391 | £195,000 | 271 KELLS LANE |
| 14 Jan 2022 | £121,586 | £116,000 | 8 LYNDHOLME BEACON LOUGH ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 23 May 2019. Using an estimated price of £488,724 means this house is valued at £3,466 per sq meter (£322 per sq foot).
The average size of a house on LYNDHURST CRESCENT is 159 sq meters (1,712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyndhurst Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Green |
| Jan 2024 | Vehicle crime | Under investigation | On or near Appledore Gardens |