£107,468
This estimated value is based upon the latest sale price for the house of £87,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,000 | 1 Feb 2019 |
| £79,000 | 20 Jan 2011 |
| £124,000 | 28 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 783 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £87,000 results in an estimated price of approximately £107,468.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £87,000 | £20,468 | £107,468 |
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 | 24.576 % | £21,381 | £108,381 |
| 3 Month Average | 9.860 % | £8,578 | £95,578 |
| 6 Month Average | 11.843 % | £10,303 | £97,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £161,412 | £160,000 | 60 THE BROADWAY |
| 5 Apr 2022 | £88,563 | £86,000 | 18 FLORIAN MEWS |
| 8 Oct 2021 | £160,993 | £145,500 | 31 FLORIAN MEWS |
| 15 Dec 2020 | £100,425 | £87,500 | 31 HOLLINSIDE ROAD |
| 4 Nov 2020 | £87,531 | £75,500 | 118 HOLBORN ROAD |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 13 Aug 2009. Using an estimated price of £107,468 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on FLORIAN MEWS is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |
| Jan 2024 | Anti-social behaviour | On or near The Broadway | |
| Jan 2024 | Anti-social behaviour | On or near The Broadway | |
| Jan 2024 | Anti-social behaviour | On or near The Broadway | |
| Mar 2024 | Drugs | Under investigation | On or near Hollinside Road |