£271,234
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Jan 2013. 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 | 22 Jan 2013 |
| £195,000 | 19 May 2008 |
| £59,000 | 4 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 January 2013 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £160,000 results in an estimated price of approximately £271,234.
| 22 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £160,000 | £111,234 | £271,234 |
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 | 35.014 % | £56,022 | £216,022 |
| 3 Month Average | 3.178 % | £5,085 | £165,085 |
| 6 Month Average | 7.202 % | £11,523 | £171,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £249,016 | £246,000 | 105 THE BROADWAY |
| 23 Feb 2023 | £322,283 | £322,500 | 9 DUMFRIES CLOSE |
| 17 Feb 2023 | £159,892 | £160,000 | 111 THE BROADWAY |
| 13 Oct 2022 | £118,722 | £120,000 | 91 THE BROADWAY |
| 26 Aug 2022 | £162,064 | £162,500 | 14 GLENLEIGH DRIVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 19 Sep 2013. Using an estimated price of £271,234 means this house is valued at £2,169 per sq meter (£201 per sq foot).
The average size of a house on THE BROADWAY is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nookside |
| Mar 2024 | Vehicle crime | Under investigation | On or near Glenleigh Drive |
| Mar 2024 | Burglary | Under investigation | On or near Glenleigh Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenleigh Drive |
| Jan 2024 | Anti-social behaviour | On or near Glenleigh Drive |