£201,223
This estimated value is based upon the latest sale price for the house of £55,500 on 22 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,500 | 22 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 September 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 262.565%.Applying this 262.565% change to the original purchase price of £55,500 results in an estimated price of approximately £201,223.
| 22 Sep 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 146.7 | 262.565 % | £55,500 | £145,723 | £201,223 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 81.079 % | £44,998 | £100,498 |
| 3 Month Average | 135.360 % | £75,124 | £130,624 |
| 6 Month Average | 115.776 % | £64,255 | £119,755 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Mar 2015.
The average size of a house on BURN PARK ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Dairy Lane | |
| Feb 2024 | Anti-social behaviour | On or near Dairy Lane | |
| Mar 2024 | Public order | Under investigation | On or near Southburn Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Southburn Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Greenwood Avenue |