£285,077
This estimated value is based upon the latest sale price for the house of £165,000 on 23 Feb 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 23 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,116 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 February 2012 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £165,000 results in an estimated price of approximately £285,077.
| 23 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £165,000 | £120,077 | £285,077 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 1.983 % | £3,272 | £168,272 |
| 3 Month Average | 20.369 % | £33,608 | £198,608 |
| 6 Month Average | 24.771 % | £40,871 | £205,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £214,078 | £207,500 | 3 WOODSIDE WAY |
| 27 Nov 2023 | £138,516 | £135,000 | RYDAL WOODSIDE LANE |
| 11 Apr 2023 | £150,821 | £148,000 | 22 TWEEDYS BUILDINGS |
| 10 Dec 2021 | £158,658 | £147,000 | LYNDHURST WOODSIDE LANE |
| 18 Oct 2021 | £167,200 | £150,000 | 47 WOODSIDE WAY |
This house has a floor area of 103 sq meters or 1,116 sq feet when measured on 18 Jun 2010. Using an estimated price of £285,077 means this house is valued at £2,749 per sq meter (£255 per sq foot).
The average size of a house on BURNABY DRIVE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Hedgelea |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hedgelea |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |