£101,983
This estimated value is based upon the latest sale price for the house of £54,785 on 23 Dec 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £54,785 | 23 Dec 2004 |
| £20,000 | 30 Aug 2002 |
| £13,500 | 17 Jul 2000 |
| £13,500 | 22 Mar 2000 |
| 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 December 2004 the House Price Index for TYNE AND WEAR was 78.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 86.153%.Applying this 86.153% change to the original purchase price of £54,785 results in an estimated price of approximately £101,983.
| 23 Dec 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 146.7 | 86.153 % | £54,785 | £47,198 | £101,983 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 63.895 % | £35,004 | £89,789 |
| 3 Month Average | 32.546 % | £17,830 | £72,615 |
| 6 Month Average | 50.406 % | £27,615 | £82,400 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 29 Jan 2014.
The average size of a house on BURWOOD ROAD is 83 sq meters (903 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burwood Close |
| Dec 2023 | Drugs | Offender given a caution | On or near Burwood Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burwood Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millbank Road |
| Mar 2024 | Drugs | Under investigation | On or near Burwood Road |