£205,962
This estimated value is based upon the latest sale price for the house of £150,950 on 4 Apr 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,950 | 4 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £150,950 results in an estimated price of approximately £205,962.
| 4 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £150,950 | £55,012 | £205,962 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 78.291 % | £118,179 | £269,129 |
| 3 Month Average | 37.446 % | £56,525 | £207,475 |
| 6 Month Average | 29.765 % | £44,929 | £195,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £152,557 | £149,500 | 4 WOOLF DRIVE |
| 3 Feb 2023 | £201,345 | £200,000 | 53 BRONTE WAY |
| 21 Oct 2022 | £150,747 | £151,250 | 35 CHRISTIE CLOSE |
| 26 Aug 2022 | £108,005 | £107,500 | 8 DRYDEN CLOSE |
| 22 Jul 2022 | £141,417 | £140,000 | 3 BRONTE WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Oct 2015. Using an estimated price of £205,962 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on BRONTE WAY is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bronte Way |