£218,979
This estimated value is based upon the latest sale price for the house of £137,000 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,000 | 1 Jun 2007 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £137,000 results in an estimated price of approximately £218,979.
| 1 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £137,000 | £81,979 | £218,979 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 43.862 % | £60,090 | £197,090 |
| 3 Month Average | 25.294 % | £34,653 | £171,653 |
| 6 Month Average | 14.918 % | £20,437 | £157,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £243,019 | £237,500 | 54 WARKWORTH AVENUE |
| 20 Oct 2023 | £198,509 | £194,000 | 80 DINSDALE AVENUE |
| 25 Sep 2023 | £171,787 | £168,000 | 4 BLACKTHORN DRIVE |
| 1 Sep 2023 | £182,012 | £178,000 | 16 BRACKEN AVENUE |
| 27 Jan 2023 | £171,458 | £171,000 | 2 BERRY CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Mar 2016. Using an estimated price of £218,980 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on BROOMFIELD AVENUE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Broomfield Avenue |
| Jun 2024 | Anti-social behaviour | On or near Briar Close | |
| Jun 2024 | Anti-social behaviour | On or near Briar Close | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Barnwood Close |
| Jun 2024 | Public order | Under investigation | On or near Barnwood Close |