£296,067
This estimated value is based upon the latest sale price for the house of £287,500 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £287,500 | 29 Apr 2022 |
| £239,950 | 12 May 2006 |
| Detached |
| Leasehold |
| Floor Area: 128 sq meters or 1,377 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £287,500 results in an estimated price of approximately £296,067.
| 29 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £287,500 | £8,567 | £296,067 |
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 | 23.491 % | £67,537 | £355,037 |
| 3 Month Average | -10.951 % | £-31,484 | £256,015 |
| 6 Month Average | -7.844 % | £-22,551 | £264,948 |
| 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 128 sq meters or 1,377 sq feet when measured on 2 Nov 2021. Using an estimated price of £296,067 means this house is valued at £2,313 per sq meter (£214 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 |