£192,135
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Broad Meadows
More crime details
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| Price Paid | Date |
|---|---|
| £130,000 | 7 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 October 2014 the House Price Index for TYNE AND WEAR was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £130,000 results in an estimated price of approximately £192,135.
| 7 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £130,000 | £62,135 | £192,135 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -12.725 % | £-16,542 | £113,457 |
| 3 Month Average | -6.362 % | £-8,270 | £121,729 |
| 6 Month Average | -9.968 % | £-12,957 | £117,042 |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 16 Dec 2015.
The average size of a house on OTTO TERRACE is 172 sq meters (1,853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Meadows |
| Mar 2024 | Burglary | Offender given a caution | On or near Broad Meadows |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Broad Meadows |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Broad Meadows |
| Dec 2023 | Anti-social behaviour | On or near Fox Street |