£160,784
This estimated value is based upon the latest sale price for the house of £127,750 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,750 | 28 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £127,750 results in an estimated price of approximately £160,784.
| 28 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £127,750 | £33,034 | £160,784 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 39.191 % | £50,066 | £177,816 |
| 3 Month Average | -6.672 % | £-8,523 | £119,226 |
| 6 Month Average | -11.142 % | £-14,234 | £113,515 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Mar 2017.
The average size of a house on LAMBLEY CRESCENT is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near East View |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near East View |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lambley Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambley Crescent |
| Dec 2023 | Vehicle crime | Under investigation | On or near Lambley Crescent |