£64,281
This estimated value is based upon the latest sale price for the house of £59,000 on 30 Nov 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 |
|---|---|
| £59,000 | 30 Nov 2021 |
| £50,000 | 11 Jul 2013 |
| £26,500 | 20 Feb 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £59,000 results in an estimated price of approximately £64,281.
| 30 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £59,000 | £5,281 | £64,281 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -8.740 % | £-5,156 | £53,843 |
| 3 Month Average | -4.046 % | £-2,387 | £56,612 |
| 6 Month Average | 4.111 % | £2,425 | £61,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £61,951 | £60,999 | 33 EDEN HOUSE ROAD |
| 21 Aug 2023 | £93,690 | £92,000 | 3 VALE STREET |
| 2 Jun 2023 | £91,840 | £90,000 | 12 VALE STREET |
| 1 Mar 2023 | £72,206 | £71,000 | 11 VALE STREET |
| 17 Feb 2023 | £91,612 | £91,000 | 27 VALE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Feb 2017. Using an estimated price of £64,282 means this house is valued at £1,004 per sq meter (£93 per sq foot).
The average size of a house on BURNVILLE ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Vale Street East | |
| Jun 2024 | Anti-social behaviour | On or near Vale Street East | |
| Jun 2024 | Anti-social behaviour | On or near Vale Street East | |
| Jun 2024 | Anti-social behaviour | On or near Vale Street | |
| Jun 2024 | Anti-social behaviour | On or near Vale Street |