1 Lavender Drive

    1, LAVENDER DRIVE, NEWCASTLE UPON TYNE, NE13 9FB

    This detached freehold property on Lavender Drive last sold in September 2023 for £299,995. Based on price growth in the NE13 district since then, its estimated current value is £1,330,560 — placing it in the 98th percentile nationally and the 71st percentile within NE13. The property covers 91 m² (980 sq ft), giving an estimated value of £14,622 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £299,995

    Sept 2023

    Estimated Valuation

    £1,330,560

    Est. £/sq ft

    £1,358/sq ft

    £14,622/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area980 sq ft (91 m²)
    EPC dateAug 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Sept 2023

    New build

    £299,995

    Key Metrics

    Estimated valuation£1,330,560
    Value per sq ft / m²£1,358/sq ft (£14,622/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE13 district percentile71st percentile
    National percentile98th percentile

    District Context — NE13

    NE13 covers areas in County Durham and surrounding districts in the North East, situated between Durham city and the coast. It is a predominantly residential area with a mix of suburban and semi-rural character.

    Average Property Price - NE13

    £668,867

    92

    National percentile

    Average Net Household Income - NE13

    £21,109

    2

    National percentile

    10-Year Annualised Price Growth - NE13

    11.4%

    100

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE13

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