£247,077
This estimated value is based upon the latest sale price for the house of £200,000 on 7 Mar 2019. 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
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| Price Paid | Date |
|---|---|
| £200,000 | 7 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £200,000 results in an estimated price of approximately £247,077.
| 7 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £200,000 | £47,077 | £247,077 |
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 | -14.829 % | £-29,657 | £170,342 |
| 3 Month Average | -2.704 % | £-5,408 | £194,591 |
| 6 Month Average | -6.386 % | £-12,772 | £187,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £138,551 | £136,500 | 17 FOX STREET |
| 4 Aug 2023 | £56,999 | £56,500 | 51 OTTO TERRACE |
| 18 Apr 2023 | £149,611 | £148,000 | 30 OTTO TERRACE |
| 11 Apr 2023 | £162,247 | £160,500 | 10 FOX STREET |
| 27 Jan 2023 | £176,170 | £177,000 | 60 OTTO TERRACE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 18 Sep 2018. Using an estimated price of £247,078 means this house is valued at £1,636 per sq meter (£152 per sq foot).
The average size of a house on BROAD MEADOWS is 137 sq meters (1,482 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Offender given a caution | On or near Broad Meadows |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | 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 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Otto Terrace |