£191,195
This estimated value is based upon the latest sale price for the house of £157,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Bourn Lea
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| Price Paid | Date |
|---|---|
| £157,000 | 10 Dec 2018 |
| £116,500 | 1 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £157,000 results in an estimated price of approximately £191,195.
| 10 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £157,000 | £34,195 | £191,195 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 21.487 % | £33,734 | £190,734 |
| 3 Month Average | 19.848 % | £31,160 | £188,160 |
| 6 Month Average | 9.766 % | £15,332 | £172,332 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Oct 2013.
The average size of a house on BOURN LEA is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Bourn Lea |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourn Lea |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourn Lea |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Golf Course Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Golf Course Road |