£157,673
This estimated value is based upon the latest sale price for the house of £142,500 on 6 Oct 2021. 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 Bourn Lea
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £142,500 | 6 Oct 2021 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £142,500 results in an estimated price of approximately £157,673.
| 6 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £142,500 | £15,173 | £157,673 |
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 | -3.572 % | £-5,089 | £137,410 |
| 3 Month Average | 0.656 % | £934 | £143,434 |
| 6 Month Average | -8.460 % | £-12,055 | £130,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £150,636 | £148,000 | 10 BOURN LEA |
| 16 Aug 2023 | £156,368 | £155,000 | 10 GOLF COURSE ROAD |
| 3 Jul 2023 | £265,574 | £262,000 | 4 BOURN LEA |
| 30 Jun 2023 | £118,435 | £117,000 | 34 BOURN LEA |
| 27 Mar 2023 | £141,332 | £140,000 | 8 BOURN LEA |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Sep 2019. Using an estimated price of £157,673 means this house is valued at £1,899 per sq meter (£176 per sq foot).
The average size of a house on BOURN LEA is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Bourn Lea |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourn Lea |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourn Lea |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Golf Course Road |