£174,022
This estimated value is based upon the latest sale price for the house of £172,500 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £172,500 | 11 Aug 2023 |
| £105,000 | 16 Aug 2019 |
| Semi-Detached |
| Freehold |
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 August 2023 the House Price Index for TYNE AND WEAR was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £172,500 results in an estimated price of approximately £174,022.
| 11 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £172,500 | £1,522 | £174,022 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -55.452 % | £-95,653 | £76,846 |
| 3 Month Average | -8.759 % | £-15,109 | £157,390 |
| 6 Month Average | 3.470 % | £5,985 | £178,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £97,000 | £97,000 | 83 RYDAL MOUNT |
| 7 Dec 2023 | £96,692 | £95,000 | 40 RYDAL MOUNT |
| 29 Sep 2023 | £125,606 | £124,000 | 30 THE BROADWAY |
| 11 Aug 2023 | £174,022 | £172,500 | 48 THE BROADWAY |
| 3 Aug 2023 | £136,191 | £135,000 | 71 RYDAL MOUNT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Laburnum Grove |
| Mar 2024 | Anti-social behaviour | On or near Laburnum Grove | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laburnum Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Laburnum Grove |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Laburnum Grove |