£96,058
This estimated value is based upon the latest sale price for the house of £30,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £30,000 | 12 Oct 2001 |
| 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 October 2001 the House Price Index for TYNE AND WEAR was 45.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 220.194%.Applying this 220.194% change to the original purchase price of £30,000 results in an estimated price of approximately £96,058.
| 12 Oct 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 146.7 | 220.194 % | £30,000 | £66,058 | £96,058 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 132.693 % | £39,808 | £69,808 |
| 3 Month Average | 223.883 % | £67,164 | £97,164 |
| 6 Month Average | 240.357 % | £72,107 | £102,107 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Sep 2013.
The average size of a house on BURT AVENUE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Burt Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burt Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Burt Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burt Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Burt Avenue |