£39,165
This estimated value is based upon the latest sale price for the house of £31,400 on 31 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,400 | 31 May 2018 |
| £35,000 | 8 Jun 2005 |
| £7,000 | 25 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 782 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 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £31,400 results in an estimated price of approximately £39,165.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £31,400 | £7,765 | £39,165 |
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 | 1.882 % | £590 | £31,990 |
| 3 Month Average | 6.852 % | £2,151 | £33,551 |
| 6 Month Average | 18.155 % | £5,700 | £37,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £50,890 | £50,000 | 11 FERNDALE TERRACE |
| 15 Aug 2023 | £75,662 | £75,000 | 23 COSSACK TERRACE |
| 11 Apr 2023 | £65,707 | £65,000 | 14 MERLE TERRACE |
| 8 Feb 2023 | £58,960 | £59,000 | 9 ST LUKES ROAD |
| 1 Feb 2023 | £79,946 | £80,000 | 10 PALERMO STREET |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 12 May 2011. Using an estimated price of £39,166 means this house is valued at £538 per sq meter (£50 per sq foot).
The average size of a house on LYNDHURST TERRACE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyndhurst Terrace |
| Mar 2024 | Anti-social behaviour | On or near Lyndhurst Terrace | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lyndhurst Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Terrace |