£75,771
This estimated value is based upon the latest sale price for the house of £26,000 on 3 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £26,000 | 3 May 2002 |
| Terraced |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 May 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £26,000 results in an estimated price of approximately £75,771.
| 3 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £26,000 | £49,771 | £75,771 |
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 | 270.278 % | £70,272 | £96,272 |
| 3 Month Average | 176.314 % | £45,841 | £71,841 |
| 6 Month Average | 161.739 % | £42,052 | £68,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £121,637 | £120,000 | 15 DARWIN STREET |
| 15 Mar 2023 | £67,637 | £67,000 | 99 BROADSHEATH TERRACE |
| 1 Aug 2022 | £106,713 | £107,000 | 31 DARWIN STREET |
| 6 Jun 2022 | £87,740 | £86,500 | 46 BROADSHEATH TERRACE |
| 23 Mar 2022 | £134,714 | £130,000 | 77 BROADSHEATH TERRACE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Sep 2018. Using an estimated price of £75,771 means this house is valued at £823 per sq meter (£76 per sq foot).
The average size of a house on BROADSHEATH TERRACE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Broadsheath Terrace |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Broadsheath Terrace |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Burntland Avenue |
| Feb 2024 | Anti-social behaviour | On or near Florence Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Florence Crescent |