£147,982
This estimated value is based upon the latest sale price for the house of £115,000 on 22 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £115,000 | 22 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £115,000 results in an estimated price of approximately £147,982.
| 22 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £115,000 | £32,982 | £147,982 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 108.411 % | £124,672 | £239,672 |
| 3 Month Average | 17.124 % | £19,692 | £134,692 |
| 6 Month Average | 13.264 % | £15,253 | £130,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £142,493 | £140,000 | 10 LYNWOOD AVENUE |
| 2 Jun 2023 | £237,881 | £235,000 | 143 SEVENOAKS DRIVE |
| 17 Jan 2023 | £184,133 | £185,000 | 20 BRAMLEY CLOSE |
| 1 Sep 2022 | £213,278 | £215,000 | 86 BROCKENHURST DRIVE |
| 27 May 2022 | £193,649 | £190,000 | 70 SEVENOAKS DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 Nov 2016. Using an estimated price of £147,982 means this house is valued at £2,276 per sq meter (£211 per sq foot).
The average size of a house on LYNWOOD AVENUE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lynwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lynwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kirkwood Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillingdon Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillingdon Grove |