£75,438
This estimated value is based upon the latest sale price for the house of £16,500 on 16 Oct 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Thornhope Close
More crime details
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| Price Paid | Date |
|---|---|
| £16,500 | 16 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 1998 the House Price Index for TYNE AND WEAR was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.205%.Applying this 357.205% change to the original purchase price of £16,500 results in an estimated price of approximately £75,438.
| 16 Oct 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.205 % | £16,500 | £58,938 | £75,438 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 280.811 % | £46,333 | £62,833 |
| 3 Month Average | 214.215 % | £35,345 | £51,845 |
| 6 Month Average | 252.981 % | £41,741 | £58,241 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 Jul 2013.
The average size of a house on BARMSTON WAY is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thornhope Close |
| Mar 2024 | Burglary | Under investigation | On or near Thornhope Close |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Thornhope Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornhope Close |
| Jan 2024 | Other crime | Under investigation | On or near Thornhope Close |