£99,085
This estimated value is based upon the latest sale price for the house of £34,000 on 30 May 2002. 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 Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £34,000 | 30 May 2002 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £34,000 results in an estimated price of approximately £99,085.
| 30 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £34,000 | £65,085 | £99,085 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 110.795 % | £37,670 | £71,670 |
| 3 Month Average | 109.765 % | £37,320 | £71,320 |
| 6 Month Average | 100.872 % | £34,296 | £68,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £67,868 | £67,000 | 27 GILPIN STREET |
| 31 Aug 2023 | £56,494 | £56,000 | 5 WALLACE STREET |
| 28 Apr 2023 | £77,838 | £77,000 | 72 BURN PARK ROAD |
| 30 Jun 2022 | £91,290 | £90,000 | 52 LEYBURN GROVE |
| 27 May 2022 | £113,641 | £111,500 | 102 BURN PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near Gilpin Street |