£383,206
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Mar 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Mar 2003 |
| £118,000 | 23 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 44 sq meters or 473 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 March 2003 the House Price Index for TYNE AND WEAR was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £160,000 results in an estimated price of approximately £383,206.
| 7 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £160,000 | £223,206 | £383,206 |
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 | 83.594 % | £133,749 | £293,749 |
| 3 Month Average | 158.493 % | £253,589 | £413,589 |
| 6 Month Average | 147.564 % | £236,102 | £396,102 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 2 May 2019.
The average size of a house on BURWOOD ROAD is 92 sq meters (999 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tamar Close |
| Mar 2024 | Anti-social behaviour | On or near Tamar Close | |
| Feb 2024 | Other crime | Under investigation | On or near Tamar Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tamar Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tamar Close |