£317,968
This estimated value is based upon the latest sale price for the house of £247,100 on 19 May 2017. 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 Bamburgh Gardens
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| Price Paid | Date |
|---|---|
| £247,100 | 19 May 2017 |
| £216,500 | 23 Sep 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 138 sq meters or 1,485 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £247,100 results in an estimated price of approximately £317,968.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £247,100 | £70,868 | £317,968 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 43.642 % | £107,839 | £354,939 |
| 3 Month Average | 36.224 % | £89,509 | £336,609 |
| 6 Month Average | 29.809 % | £73,659 | £320,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £253,411 | £250,000 | 3 GREENRIGG GARDENS |
| 30 Jun 2023 | £253,015 | £249,950 | 24 CROSSLEA AVENUE |
| 28 Apr 2023 | £355,831 | £352,000 | 14 MEADOW GARDENS |
| 1 Nov 2022 | £130,420 | £132,000 | 8 LANGLEY ROAD |
| 26 Oct 2022 | £268,113 | £271,000 | 26 NEWLANDS AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 3 Jul 2015. Using an estimated price of £317,969 means this house is valued at £2,304 per sq meter (£214 per sq foot).
The average size of a house on CROSSLEA AVENUE is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bamburgh Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Audley Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Dec 2023 | Anti-social behaviour | On or near Dipton Gardens |