29, Lavender Drive
29, Lavender Drive
Description & Estimates
According to the public record, 29, Lavender Drive, Newcastle Upon Tyne is a modern freehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Lavender Drive, Newcastle Upon Tyne is £330,959 and the estimated rental value is £1,836 per month.
Lavender Drive, Newcastle Upon Tyne, NE13 is located in the borough of Newcastle upon Tyne within the NE13 postal district.
Our Data Sources
29, Lavender Drive, Newcastle Upon Tyne has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 29, Lavender Drive, Newcastle Upon Tyne is in very good condition we estimate a sale value of £347,507 and a rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,792 and a rental value of £1,707 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 29, Lavender Drive, Newcastle Upon Tyne has risen by £1,553 (0.5%), while its estimated rental value has moved up by £43 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
29, Lavender Drive, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 29, Lavender Drive, Newcastle Upon Tyne was last sold on 18th December 2023 for £221,682 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen by 2.9%.
- Sold Dec 2023£221,682
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Lavender Drive, Newcastle Upon Tyne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 6, Lavender Drive, Newcastle Upon Tyne, NE13 9FB, a freehold house which sold for £295,995 on the 15th December 2023.
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
Lavender Drive, Newcastle Upon Tyne, NE13 has a total of 36 addresses. According to our analysis of all the public data, 29, Lavender Drive, Newcastle Upon Tyne is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in NE13.
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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
The closest station to 29, Lavender Drive, Newcastle Upon Tyne is Cramlington station, which is 7.2 kilometres away.
- 7.2kmCramlington
- 7.8kmManors
- 8.0kmNewcastle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
