£421,340
This estimated value is based upon the latest sale price for the house of £265,000 on 15 May 2008. 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 Burdon Terrace
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| Price Paid | Date |
|---|---|
| £265,000 | 15 May 2008 |
| £169,950 | 13 Oct 1999 |
| £135,000 | 12 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 May 2008 the House Price Index for TYNE AND WEAR was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £265,000 results in an estimated price of approximately £421,340.
| 15 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £265,000 | £156,340 | £421,340 |
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 | 24.736 % | £65,550 | £330,550 |
| 3 Month Average | 20.851 % | £55,254 | £320,254 |
| 6 Month Average | 11.202 % | £29,684 | £294,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £278,562 | £275,000 | FLAT 4 3 ABBOTSFORD TERRACE |
| 15 Aug 2023 | £857,502 | £850,000 | 23 BRANDLING PARK |
| 24 Aug 2022 | £834,753 | £837,000 | 1A CLAYTON ROAD |
| 27 Jul 2022 | £1,052,834 | £1,050,000 | 30 BRANDLING PARK |
| 29 Oct 2021 | £420,462 | £380,000 | FLAT 2, 14 BURDON TERRACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Mar 2018. Using an estimated price of £421,341 means this house is valued at £4,530 per sq meter (£420 per sq foot).
The average size of a house on ABBOTSFORD TERRACE is 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Burdon Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burdon Terrace |
| Feb 2024 | Anti-social behaviour | On or near Abbotsford Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Abbotsford Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Abbotsford Terrace |