£89,207
This estimated value is based upon the latest sale price for the house of £72,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,000 | 12 Jan 2018 |
| £63,000 | 14 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 604 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £72,000 results in an estimated price of approximately £89,207.
| 12 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £72,000 | £17,207 | £89,207 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 22.611 % | £16,279 | £88,279 |
| 3 Month Average | 3.305 % | £2,379 | £74,379 |
| 6 Month Average | 13.370 % | £9,626 | £81,626 |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 4 Sep 2009.
The average size of a house on BAMBURGH WALK is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wansbeck Road South |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wansbeck Road South |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wansbeck Road South |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wansbeck Road South |
| Dec 2023 | Public order | Awaiting court outcome | On or near Wansbeck Road South |