£44,259
This estimated value is based upon the latest sale price for the house of £40,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Dunstanburgh Close
More crime details
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Price Paid | Date |
---|---|
£40,000 | 22 Oct 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £40,000 results in an estimated price of approximately £44,259.
22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £40,000 | £4,259 | £44,259 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 153.194 % | £61,277 | £101,277 |
3 Month Average | 27.559 % | £11,023 | £51,023 |
6 Month Average | 36.697 % | £14,678 | £54,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £77,491 | £76,500 | 36 CHILHAM COURT |
1 Aug 2023 | £58,512 | £58,000 | 80 LUMLEY CLOSE |
25 Jul 2023 | £151,540 | £149,500 | FLAT 48 WEARDALE HOUSE WASHINGTON CENTRE |
19 Jul 2023 | £56,764 | £56,000 | 40 WARKWORTH CLOSE |
4 Jul 2023 | £51,696 | £51,000 | 94 DUNSTANBURGH CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 27 Jun 2012. Using an estimated price of £44,259 means this house is valued at £867 per sq meter (£80 per sq foot).
The average size of a house on DUNSTANBURGH CLOSE is 80 sq meters (868 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Dunstanburgh Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunstanburgh Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dunstanburgh Close |
Apr 2024 | Burglary | Under investigation | On or near Dunstanburgh Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dunstanburgh Close |