£350,126
This estimated value is based upon the latest sale price for the house of £289,950 on 7 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £289,950 | 7 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £289,950 results in an estimated price of approximately £350,126.
| 7 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £289,950 | £60,176 | £350,126 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -22.192 % | £-64,344 | £225,605 |
| 3 Month Average | -3.742 % | £-10,849 | £279,100 |
| 6 Month Average | 10.948 % | £31,743 | £321,693 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 2 Dec 2019.
The average size of a house on BURDON CLOSE is 243 sq meters (2,621 sq feet).
This house is the smallest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Boldon Lane |
| Feb 2024 | Public order | Under investigation | On or near Celtic Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near South Drive |
| Jan 2024 | Burglary | Under investigation | On or near East Boldon Road |
| Feb 2024 | Anti-social behaviour | On or near Station Approach |