£143,095
This estimated value is based upon the latest sale price for the house of £102,000 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £102,000 | 12 Nov 2015 |
| £87,000 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £102,000 results in an estimated price of approximately £143,095.
| 12 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £102,000 | £41,095 | £143,095 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 18.129 % | £18,491 | £120,491 |
| 3 Month Average | -1.793 % | £-1,828 | £100,171 |
| 6 Month Average | 17.209 % | £17,553 | £119,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £132,000 | £132,000 | 7 DENE VIEW |
| 24 Nov 2023 | £246,251 | £240,000 | 6 HOOKERGATE LANE |
| 21 Nov 2023 | £225,730 | £220,000 | 19 FIRWOOD CRESCENT |
| 9 Aug 2023 | £229,133 | £225,000 | 5 WOODLANDS CLOSE |
| 4 Aug 2023 | £142,571 | £140,000 | 36 HUGAR ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Dec 2014. Using an estimated price of £143,095 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on BURNOP TERRACE is 111 sq meters (1,202 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Beechwood | |
| Oct 2024 | Anti-social behaviour | On or near Beechwood | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beechwood |
| Aug 2024 | Anti-social behaviour | On or near Beechwood | |
| Aug 2024 | Anti-social behaviour | On or near Beechwood |