£149,500
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Bamburgh Drive
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 18 Apr 2019 |
| £69,000 | 19 Jun 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £120,000 results in an estimated price of approximately £149,500.
| 18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £120,000 | £29,500 | £149,500 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 54.045 % | £64,853 | £184,853 |
| 3 Month Average | 32.287 % | £38,744 | £158,744 |
| 6 Month Average | 7.733 % | £9,279 | £129,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £110,968 | £110,004 | 3 HELMSLEY DRIVE |
| 19 Dec 2023 | £118,646 | £115,000 | 43 HELMSLEY DRIVE |
| 24 Nov 2023 | £102,605 | £100,000 | 82 NORTHUMBERLAND TERRACE |
| 27 Jun 2023 | £61,227 | £60,000 | 78 NORTHUMBERLAND TERRACE |
| 12 Jun 2023 | £93,881 | £92,000 | 8 BURN TERRACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Mar 2019. Using an estimated price of £149,500 means this house is valued at £1,993 per sq meter (£185 per sq foot).
The average size of a house on BAMBURGH DRIVE is 51 sq meters (557 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bamburgh Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bamburgh Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Drive |