£463,364
This estimated value is based upon the latest sale price for the house of £430,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £430,000 | 30 Sep 2021 |
| £360,000 | 2 Dec 2019 |
| £370,000 | 17 Feb 2012 |
| £335,000 | 17 Jun 2005 |
| £300,000 | 26 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 205 sq meters or 2,206 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £430,000 results in an estimated price of approximately £463,364.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £430,000 | £33,364 | £463,364 |
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 | -52.118 % | £-224,109 | £205,890 |
| 3 Month Average | -2.828 % | £-12,162 | £417,837 |
| 6 Month Average | -5.143 % | £-22,113 | £407,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £309,583 | £305,000 | 2 WEST MOOR DRIVE |
| 25 Aug 2023 | £79,193 | £78,500 | 67 WHITCHURCH ROAD |
| 4 Jul 2023 | £532,162 | £525,000 | 34 BROADLANDS |
| 23 Jun 2023 | £71,871 | £71,000 | 3 WHITCHURCH CLOSE |
| 20 Jul 2022 | £476,282 | £475,000 | 72 MOORFIELD GARDENS |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 3 Jun 2021. Using an estimated price of £463,365 means this house is valued at £2,260 per sq meter (£209 per sq foot).
The average size of a house on NEWCASTLE ROAD is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Broadlands | |
| Feb 2024 | Anti-social behaviour | On or near Broadlands | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Broadlands |