£241,033
This estimated value is based upon the latest sale price for the house of £158,000 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Clayton Park Square
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| Price Paid | Date |
|---|---|
| £158,000 | 1 Aug 2014 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £158,000 results in an estimated price of approximately £241,033.
| 1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £158,000 | £83,033 | £241,033 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 129.432 % | £204,502 | £362,502 |
| 3 Month Average | 52.545 % | £83,020 | £241,020 |
| 6 Month Average | 33.751 % | £53,325 | £211,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £283,462 | £281,000 | FLAT 4 40 - 42 BURDON TERRACE |
| 24 Aug 2022 | £840,932 | £837,000 | 1A CLAYTON ROAD |
| 18 Mar 2022 | £835,146 | £800,000 | 31 CLAYTON ROAD |
| 29 Oct 2021 | £423,574 | £380,000 | FLAT 2, 14 BURDON TERRACE |
| 30 Sep 2021 | £282,248 | £260,000 | 6A BURDON TERRACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Apr 2013. Using an estimated price of £241,033 means this house is valued at £3,090 per sq meter (£287 per sq foot).
The average size of a house on BURDON TERRACE is 204 sq meters (2,199 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Clayton Park Square |
| Jul 2024 | Burglary | Under investigation | On or near Clayton Park Square |
| May 2024 | Anti-social behaviour | On or near Clayton Park Square | |
| May 2024 | Anti-social behaviour | On or near Clayton Park Square | |
| May 2024 | Anti-social behaviour | On or near Clayton Park Square |