£98,339
This estimated value is based upon the latest sale price for the house of £58,050 on 9 Jul 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,050 | 9 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 561 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 July 2010 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 69.405%.Applying this 69.405% change to the original purchase price of £58,050 results in an estimated price of approximately £98,339.
| 9 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £58,050 | £40,289 | £98,339 |
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 | 21.384 % | £12,413 | £70,463 |
| 3 Month Average | 3.238 % | £1,879 | £59,929 |
| 6 Month Average | 7.006 % | £4,067 | £62,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £73,589 | £72,500 | 46 PRESTBURY ROAD |
| 11 Apr 2023 | £55,599 | £55,000 | 39 SEVENOAKS DRIVE |
| 9 Feb 2023 | £86,742 | £86,800 | 71 GARDINER ROAD |
| 18 Jan 2023 | £111,973 | £112,500 | 67 GARDINER ROAD |
| 8 Jul 2022 | £135,364 | £135,000 | 2 GOUROCK SQUARE |
This house has a floor area of 52 sq meters or 561 sq feet when measured on 14 Jun 2010. Using an estimated price of £98,340 means this house is valued at £1,886 per sq meter (£175 per sq foot).
The average size of a house on THE BROADWAY is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gourock Square | |
| Feb 2024 | Anti-social behaviour | On or near Gourock Square | |
| Feb 2024 | Anti-social behaviour | On or near Gourock Square | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Gourock Square |
| Mar 2024 | Other crime | Under investigation | On or near Godfrey Road |