£89,341
This estimated value is based upon the latest sale price for the house of £72,500 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,500 | 5 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £72,500 results in an estimated price of approximately £89,341.
| 5 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £72,500 | £16,841 | £89,341 |
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 | -22.537 % | £-16,338 | £56,161 |
| 3 Month Average | 2.122 % | £1,538 | £74,038 |
| 6 Month Average | 8.999 % | £6,524 | £79,024 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 24 Mar 2017.
There is one other house on the street which we know the size of, this is 13 PINE AVENUE it is 73.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Larch Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Larch Avenue |