£60,801
This estimated value is based upon the latest sale price for the house of £54,500 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £54,500 | 2 Aug 2021 |
| £58,000 | 25 Apr 2014 |
| £34,950 | 19 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £54,500 results in an estimated price of approximately £60,801.
| 2 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £54,500 | £6,301 | £60,801 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 10.019 % | £5,460 | £59,960 |
| 3 Month Average | 11.304 % | £6,160 | £60,660 |
| 6 Month Average | 16.408 % | £8,942 | £63,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £122,137 | £120,000 | 25 ROSA STREET |
| 24 Nov 2023 | £76,127 | £75,000 | 38 WHARTON STREET |
| 10 Nov 2023 | £152,254 | £150,000 | 55 WESTOE ROAD |
| 11 Aug 2023 | £76,671 | £76,000 | 5 ROSA STREET |
| 21 Apr 2023 | £70,711 | £69,950 | 5 THE BRIDGES SPOHR TERRACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 27 Jun 2013. Using an estimated price of £60,801 means this house is valued at £1,125 per sq meter (£104 per sq foot).
The average size of a house on BURLEIGH STREET is 90 sq meters (975 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Burleigh Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burleigh Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burleigh Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burleigh Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burleigh Street |