£97,083
This estimated value is based upon the latest sale price for the house of £57,000 on 1 Feb 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £57,000 | 1 Feb 2010 |
| Terraced |
| Leasehold |
| Floor Area: 113 sq meters or 1,219 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 February 2010 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £57,000 results in an estimated price of approximately £97,083.
| 1 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £57,000 | £40,083 | £97,083 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 12.643 % | £7,206 | £64,206 |
| 3 Month Average | 14.724 % | £8,392 | £65,392 |
| 6 Month Average | 24.398 % | £13,907 | £70,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £54,962 | £54,000 | 33 ALNWICK ROAD |
| 24 Nov 2023 | £85,262 | £84,000 | 18 ALNWICK ROAD |
| 30 Jun 2023 | £174,109 | £172,000 | 76 ALNWICK ROAD |
| 20 Jun 2023 | £50,613 | £50,000 | 346 STANHOPE ROAD |
| 17 Feb 2023 | £97,434 | £97,500 | 32 STODDART STREET |
This house has a floor area of 113 sq meters or 1,219 sq feet when measured on 24 Jul 2009. Using an estimated price of £97,084 means this house is valued at £856 per sq meter (£79 per sq foot).
The average size of a house on BURNHAM STREET is 80 sq meters (867 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnham Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Burnham Street |
| Mar 2024 | Public order | Under investigation | On or near Burnham Street |
| Feb 2024 | Other theft | Under investigation | On or near Burnham Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnham Street |