£110,017
This estimated value is based upon the latest sale price for the house of £95,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,000 | 16 Oct 2020 |
| £102,500 | 12 Oct 2007 |
| £88,462 | 23 Apr 2004 |
| £47,450 | 21 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £95,000 results in an estimated price of approximately £110,017.
| 16 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £95,000 | £15,017 | £110,017 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 52.203 % | £49,593 | £144,593 |
| 3 Month Average | 29.169 % | £27,710 | £122,710 |
| 6 Month Average | 16.392 % | £15,572 | £110,572 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Mar 2020.
The average size of a house on BURNLEY STREET is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnley Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnley Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnley Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Harriet Street |
| Mar 2024 | Anti-social behaviour | On or near Harriet Street |