£276,566
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Aug 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 |
|---|---|
| £185,000 | 29 Aug 2014 |
| £155,000 | 17 Feb 2004 |
| £139,950 | 17 Apr 2003 |
| £102,000 | 26 Jul 2002 |
| Detached |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £185,000 results in an estimated price of approximately £276,566.
| 29 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £185,000 | £91,566 | £276,566 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 13.021 % | £24,089 | £209,089 |
| 3 Month Average | 32.792 % | £60,665 | £245,665 |
| 6 Month Average | 31.232 % | £57,779 | £242,779 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Aug 2014.
The average size of a house on BROADWAY is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Linnel Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norwood Road |
| Mar 2024 | Burglary | Under investigation | On or near Norwood Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Claremont Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near West Denton Close |