£68,945
This estimated value is based upon the latest sale price for the house of £40,000 on 9 Dec 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £40,000 | 9 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in December 2011 the House Price Index for NORTHUMBERLAND was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £40,000 results in an estimated price of approximately £68,945.
| 9 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £40,000 | £28,945 | £68,945 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 62.397 % | £24,958 | £64,958 |
| 3 Month Average | 16.950 % | £6,779 | £46,779 |
| 6 Month Average | 27.844 % | £11,137 | £51,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £111,653 | £110,000 | 14 ELMFIELD COURT |
| 8 Nov 2023 | £111,653 | £110,000 | 39 ELMFIELD COURT |
| 28 Sep 2023 | £77,997 | £77,000 | 17 ELMFIELD COURT |
| 1 Sep 2023 | £111,425 | £110,000 | 28 ELMFIELD COURT |
| 1 Aug 2023 | £62,547 | £62,000 | 44 KINGS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Aug 2017. Using an estimated price of £68,946 means this house is valued at £851 per sq meter (£79 per sq foot).
The average size of a house on BURNSIDE is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |