£167,796
This estimated value is based upon the latest sale price for the house of £130,000 on 15 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 15 Jun 2017 |
| £123,000 | 25 Jan 2013 |
| Terraced |
| Freehold |
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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £130,000 results in an estimated price of approximately £167,796.
| 15 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £130,000 | £37,796 | £167,796 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 113.359 % | £147,366 | £277,366 |
| 3 Month Average | 26.211 % | £34,074 | £164,074 |
| 6 Month Average | 45.301 % | £58,891 | £188,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £221,927 | £220,000 | 6 BURDON PARK |
| 24 Apr 2023 | £147,764 | £145,000 | 17 BURDON LODGE |
| 27 Jan 2023 | £177,474 | £177,000 | 1 BURDON LODGE |
| 16 Sep 2022 | £112,425 | £112,500 | 13 ALEXANDRA TERRACE |
| 25 Aug 2022 | £97,958 | £97,500 | 12 DEWHURST TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Starling Walk |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Starling Walk |
| Aug 2024 | Anti-social behaviour | On or near Starling Walk | |
| Aug 2024 | Anti-social behaviour | On or near Starling Walk | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Starling Walk |