23, Lavender Drive
23, Lavender Drive
Description & Estimates
The public record lists 23, Lavender Drive, Newcastle Upon Tyne as a freehold house.
Comparison with its neighbours suggests a modern house with 890 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
23, Lavender Drive, Newcastle Upon Tyne has an estimated sale value of £268,941 and an estimated rental value of £1,630 per month, assuming reasonable condition and based on the information available.
Lavender Drive, Newcastle Upon Tyne, NE13 lies in the borough of Newcastle upon Tyne, within the NE13 postal district.
Our Data Sources
23, Lavender Drive, Newcastle Upon Tyne has a single entry in the Land Registry from November 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 23, Lavender Drive, Newcastle Upon Tyne would be worth £282,388, with a potential rental value of £1,712 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £250,115, with a rental value of £1,516 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23, Lavender Drive, Newcastle Upon Tyne has climbed by £4,489 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £58 (3.6%). The property's estimated gross yield is currently 7.3%.
Sold Prices
23, Lavender Drive, Newcastle Upon Tyne last changed hands on 10th November 2023, selling for £232,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 6.9% since November 2023.
- Sold Nov 2023£232,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 23, Lavender Drive, Newcastle Upon Tyne across the last 2 years.
Most recently, 25, Tulip Avenue, Newcastle Upon Tyne, NE13 9FD, a freehold house, sold at £241,995 on the 1st October 2024.
Read more about house prices in NE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 23, Lavender Drive, Newcastle Upon Tyne as the 34th largest and the 34th most expensive of the 36 addresses on Lavender Drive, Newcastle Upon Tyne, NE13.
Against the NE13 postcode district average, it is £3k more expensive than the typical property.
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Schools Nearby
- 200mHavannah First School
- 1.5kmBrunton First School
- 2.1kmDinnington First School
- 3.4kmKenton School
- 3.5kmGosforth Academy
- 3.6kmCallerton Academy
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Public Transport Nearby
Cramlington station is the nearest stop to 23, Lavender Drive, Newcastle Upon Tyne at 7.2 kilometres away.
- 7.2kmCramlington
- 7.8kmManors
- 8.0kmNewcastle
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
