£153,398
This estimated value is based upon the latest sale price for the house of £118,500 on 9 Dec 2016. 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 Burnopfield Road
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| Price Paid | Date |
|---|---|
| £118,500 | 9 Dec 2016 |
| £118,450 | 20 May 2005 |
| £46,500 | 11 Aug 2000 |
| 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £118,500 results in an estimated price of approximately £153,398.
| 9 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £118,500 | £34,898 | £153,398 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | -1.405 % | £-1,665 | £116,834 |
| 3 Month Average | 43.098 % | £51,071 | £169,571 |
| 6 Month Average | 50.364 % | £59,681 | £178,181 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Oct 2016.
The average size of a house on BURNOPFIELD ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Burnopfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnopfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnopfield Road | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnopfield Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Burnopfield Road |