£292,584
This estimated value is based upon the latest sale price for the house of £168,500 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £168,500 | 2 Dec 2011 |
| £189,950 | 19 May 2006 |
| £110,000 | 22 Nov 2002 |
| £75,000 | 30 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 976 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 December 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £168,500 results in an estimated price of approximately £292,584.
| 2 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £168,500 | £124,084 | £292,584 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -18.120 % | £-30,531 | £137,968 |
| 3 Month Average | 24.594 % | £41,440 | £209,940 |
| 6 Month Average | 23.512 % | £39,617 | £208,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £214,078 | £207,500 | 3 WOODSIDE WAY |
| 27 Nov 2023 | £138,516 | £135,000 | RYDAL WOODSIDE LANE |
| 11 Apr 2023 | £150,821 | £148,000 | 22 TWEEDYS BUILDINGS |
| 10 Dec 2021 | £158,658 | £147,000 | LYNDHURST WOODSIDE LANE |
| 18 Oct 2021 | £167,200 | £150,000 | 47 WOODSIDE WAY |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 13 Sep 2011. Using an estimated price of £292,585 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on BURNABY DRIVE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Hedgelea |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hedgelea |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |