£178,855
This estimated value is based upon the latest sale price for the house of £112,000 on 4 May 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £112,000 | 4 May 2007 |
| £36,000 | 31 May 1996 |
| Terraced |
| 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 May 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £112,000 results in an estimated price of approximately £178,855.
| 4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £112,000 | £66,855 | £178,855 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -25.060 % | £-28,067 | £83,932 |
| 3 Month Average | -23.703 % | £-26,547 | £85,452 |
| 6 Month Average | -2.634 % | £-2,949 | £109,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £68,193 | £67,000 | 40 BURNWAY |
| 1 Dec 2023 | £73,791 | £72,500 | 30 BURNWAY |
| 21 Nov 2023 | £155,299 | £153,000 | 51 BURNWAY |
| 24 Feb 2023 | £139,856 | £139,950 | 9 WHINWAY |
| 18 Jan 2023 | £70,667 | £71,000 | 37 BURNWAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Dec 2013. Using an estimated price of £178,856 means this house is valued at £2,154 per sq meter (£200 per sq foot).
The average size of a house on BRACKENWAY is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Brackenway |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brackenway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saddleback |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Burnway |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnway |