£243,942
This estimated value is based upon the latest sale price for the house of £200,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £200,000 | 10 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £200,000 results in an estimated price of approximately £243,942.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £200,000 | £43,942 | £243,942 |
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 | 88.062 % | £176,123 | £376,123 |
| 3 Month Average | 36.986 % | £73,972 | £273,972 |
| 6 Month Average | 21.586 % | £43,171 | £243,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £143,839 | £142,000 | 6 SLATYFORD LANE |
| 3 Mar 2023 | £169,598 | £168,000 | 6 PAULINE GARDENS |
| 27 Jan 2023 | £154,273 | £155,000 | 2 ROCKCLIFFE GARDENS |
| 23 Jan 2023 | £141,583 | £142,250 | 5 OVERDENE |
| 7 Nov 2022 | £154,133 | £156,000 | 31 TURRET ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 16 Feb 2018. Using an estimated price of £243,943 means this house is valued at £1,754 per sq meter (£163 per sq foot).
The average size of a house on BROADWOOD ROAD is 86 sq meters (934 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pauline Gardens |
| Mar 2024 | Public order | Under investigation | On or near Pauline Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cohort Place |
| Mar 2024 | Burglary | Under investigation | On or near Cohort Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cohort Place |