£156,398
This estimated value is based upon the latest sale price for the house of £33,500 on 20 Nov 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £33,500 | 20 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 1998 the House Price Index for TYNE AND WEAR was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £33,500 results in an estimated price of approximately £156,398.
| 20 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £33,500 | £122,898 | £156,398 |
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 | 31.867 % | £10,675 | £44,175 |
| 3 Month Average | 112.564 % | £37,709 | £71,209 |
| 6 Month Average | 142.659 % | £47,790 | £81,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £70,077 | £69,000 | 38 BRINKBURN CRESCENT |
| 22 Mar 2024 | £109,685 | £108,000 | 2 NEWBURN CRESCENT |
| 5 Oct 2023 | £86,975 | £85,000 | 11 LITTLEBURN CLOSE |
| 25 Sep 2023 | £133,953 | £131,000 | 125 ABBEY DRIVE |
| 25 Aug 2023 | £112,020 | £110,000 | 152 ABBEY DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Aug 2015. Using an estimated price of £156,398 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on THORNEYBURN CLOSE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Thorneyburn Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Thorneyburn Close |
| May 2024 | Possession of weapons | Under investigation | On or near Thorneyburn Close |
| Jul 2024 | Other crime | Under investigation | On or near Littleburn Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Littleburn Close |