£152,448
This estimated value is based upon the latest sale price for the house of £96,000 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£96,000 | 13 Jul 2007 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2007 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £96,000 results in an estimated price of approximately £152,448.
13 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £96,000 | £56,448 | £152,448 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -51.607 % | £-49,542 | £46,457 |
3 Month Average | -9.579 % | £-9,195 | £86,804 |
6 Month Average | -6.098 % | £-5,853 | £90,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £105,000 | £105,000 | 74 LYNTHORPE |
31 Oct 2023 | £71,627 | £70,000 | 50 LYNTHORPE |
26 Oct 2023 | £107,440 | £105,000 | 10 LEECHMERE VIEW |
29 Sep 2023 | £132,925 | £129,995 | 20 LYNGROVE |
4 Aug 2023 | £95,217 | £93,500 | 4 LYNGROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Feb 2015. Using an estimated price of £152,449 means this house is valued at £2,060 per sq meter (£191 per sq foot).
The average size of a house on LYNTHORPE is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyngrove |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Lyngrove |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyngrove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lynthorpe |
Jun 2024 | Other crime | Under investigation | On or near Lynden Road |