£264,307
This estimated value is based upon the latest sale price for the house of £207,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Fenham Hall Drive
More crime details
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| Price Paid | Date |
|---|---|
| £207,000 | 1 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £207,000 results in an estimated price of approximately £264,307.
| 1 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £207,000 | £57,307 | £264,307 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 9.479 % | £19,621 | £226,621 |
| 3 Month Average | 9.721 % | £20,123 | £227,123 |
| 6 Month Average | 12.341 % | £25,545 | £232,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £381,730 | £370,000 | 27 BOURNE AVENUE |
| 2 Aug 2023 | £412,439 | £405,000 | 42 BOURNE AVENUE |
| 30 Jun 2023 | £362,260 | £355,000 | 38 CHERRYBURN GARDENS |
| 28 Apr 2023 | £234,384 | £230,000 | 3 CHERRYBURN GARDENS |
| 14 Apr 2023 | £251,453 | £246,750 | 40 BOURNE AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 15 Mar 2017. Using an estimated price of £264,307 means this house is valued at £2,097 per sq meter (£194 per sq foot).
The average size of a house on BOURNE AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Fenham Hall Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Auburn Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Auburn Gardens |
| Jul 2024 | Burglary | Under investigation | On or near Fowberry Crescent |