£139,277
This estimated value is based upon the latest sale price for the house of £124,950 on 18 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,950 | 18 Oct 2021 |
| £67,000 | 21 Jan 2011 |
| 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £124,950 results in an estimated price of approximately £139,277.
| 18 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £124,950 | £14,327 | £139,277 |
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 | 111.965 % | £139,900 | £264,850 |
| 3 Month Average | 17.730 % | £22,153 | £147,103 |
| 6 Month Average | 16.623 % | £20,770 | £145,720 |
| 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 |
| 24 Apr 2022 | £121,378 | £117,000 | 3 ALEXANDRA 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 | Criminal damage and arson | Investigation complete; no suspect identified | 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 |