£212,834
This estimated value is based upon the latest sale price for the house of £177,500 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£177,500 | 27 Aug 2020 |
£160,000 | 7 Sep 2007 |
Semi-Detached |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £177,500 results in an estimated price of approximately £212,834.
27 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £177,500 | £35,334 | £212,834 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -26.196 % | £-46,498 | £131,001 |
3 Month Average | -19.720 % | £-35,002 | £142,497 |
6 Month Average | -5.230 % | £-9,283 | £168,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £111,146 | £109,500 | 13 HEXHAM ROAD |
4 Sep 2023 | £206,642 | £204,000 | 18 THE BROADWAY |
10 Aug 2023 | £141,236 | £140,000 | 32 BROADMAYNE AVENUE |
20 Jul 2023 | £146,978 | £145,000 | 26 BROADMAYNE AVENUE |
16 Jun 2023 | £217,636 | £215,000 | 23 BROADMAYNE AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Oct 2019. Using an estimated price of £212,834 means this house is valued at £2,288 per sq meter (£212 per sq foot).
The average size of a house on BROADMAYNE GARDENS is 149 sq meters (1,609 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Broadmayne Avenue | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near North Hall Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hexham Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hexham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hart Square |