£279,932
This estimated value is based upon the latest sale price for the house of £99,950 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£99,950 | 12 Jul 2002 |
£64,200 | 19 Nov 1999 |
Semi-Detached |
Leasehold |
Floor Area: 89 sq meters or 957 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 2002 the House Price Index for TYNE AND WEAR was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £99,950 results in an estimated price of approximately £279,932.
12 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £99,950 | £179,982 | £279,932 |
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 | 129.835 % | £129,769 | £229,719 |
3 Month Average | 100.402 % | £100,352 | £200,302 |
6 Month Average | 110.571 % | £110,515 | £210,465 |
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 89 sq meters or 957 sq feet when measured on 4 Apr 2018. Using an estimated price of £279,932 means this house is valued at £3,145 per sq meter (£292 per sq foot).
The average size of a house on BRIERFIELD GROVE is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Broadmayne Avenue | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hexham Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hexham Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Place |
Jan 2024 | Drugs | Under investigation | On or near Melbourne Place |