£100,430
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 7 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £60,000 results in an estimated price of approximately £100,430.
| 7 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £60,000 | £40,430 | £100,430 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -30.164 % | £-18,098 | £41,901 |
| 3 Month Average | -6.297 % | £-3,777 | £56,222 |
| 6 Month Average | -4.894 % | £-2,936 | £57,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £101,781 | £100,000 | THE HAVEN HETTON ROAD |
| 15 Dec 2023 | £58,015 | £57,000 | 7 MOORE CRESCENT SOUTH |
| 29 Sep 2023 | £126,568 | £124,950 | 40 MARTINDALE PARK |
| 7 Jul 2023 | £70,904 | £69,950 | 10 MOORE CRESCENT SOUTH |
| 30 Jun 2023 | £141,717 | £140,000 | 45 MARTINDALE PARK |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Aug 2012. Using an estimated price of £100,431 means this house is valued at £1,304 per sq meter (£121 per sq foot).
The average size of a house on BURNS AVENUE NORTH is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue South |
| Mar 2024 | Other theft | Under investigation | On or near Burns Avenue South |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue South |
| Feb 2024 | Anti-social behaviour | On or near Burns Avenue South | |
| Feb 2024 | Anti-social behaviour | On or near Burns Avenue South |