£287,992
This estimated value is based upon the latest sale price for the house of £184,950 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£184,950 | 17 Apr 2014 |
£180,000 | 8 Apr 2004 |
£75,000 | 28 Apr 2000 |
Semi-Detached |
Leasehold |
Floor Area: 121 sq meters or 1,312 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 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £184,950 results in an estimated price of approximately £287,992.
17 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £184,950 | £103,042 | £287,992 |
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 | 27.083 % | £50,089 | £235,039 |
3 Month Average | 16.513 % | £30,540 | £215,490 |
6 Month Average | 9.714 % | £17,966 | £202,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £206,642 | £204,000 | 18 THE BROADWAY |
10 Aug 2023 | £141,236 | £140,000 | 32 BROADMAYNE AVENUE |
20 Jul 2023 | £146,978 | £145,000 | 26 BROADMAYNE AVENUE |
16 Jun 2023 | £217,636 | £215,000 | 23 BROADMAYNE AVENUE |
28 Nov 2022 | £224,283 | £227,000 | 2 BROADMAYNE AVENUE |
This house has a floor area of 121 sq meters or 1,312 sq feet when measured on 9 Jul 2009. Using an estimated price of £287,993 means this house is valued at £2,360 per sq meter (£219 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 Broadmayne Avenue | |
Jan 2024 | Drugs | Under investigation | On or near Melbourne Place |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Place |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Place |