£179,342
This estimated value is based upon the latest sale price for the house of £117,500 on 16 May 2014. 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 Broadway Villas
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| Price Paid | Date |
|---|---|
| £117,500 | 16 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £117,500 results in an estimated price of approximately £179,342.
| 16 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £117,500 | £61,842 | £179,342 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 6.863 % | £8,064 | £125,564 |
| 3 Month Average | 31.825 % | £37,394 | £154,894 |
| 6 Month Average | 30.892 % | £36,298 | £153,798 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Oct 2012.
The average size of a house on BROADWAY VILLAS is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadway Villas |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadway Villas |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balfour Road |
| Mar 2024 | Anti-social behaviour | On or near Burnopfield Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Burnopfield Gardens |