£106,768
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Nov 2021. 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 Burney Villas
More crime details
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| Price Paid | Date |
|---|---|
| £100,000 | 26 Nov 2021 |
| £76,000 | 29 Nov 2019 |
| £48,000 | 14 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £100,000 results in an estimated price of approximately £106,768.
| 26 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £100,000 | £6,768 | £106,768 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -3.292 % | £-3,291 | £96,708 |
| 3 Month Average | -6.124 % | £-6,123 | £93,876 |
| 6 Month Average | 1.239 % | £1,239 | £101,239 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 Jun 2019.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Burney Villas |
| Mar 2024 | Theft from the person | Under investigation | On or near Deckham Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deckham Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Deckham Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deckham Street |